News for 'cag report'

Accounting system needs rehaul: CAG

Accounting system needs rehaul: CAG

Rediff.com22 Dec 2004

Cong resists move to present U'khand budget bill in RS

Cong resists move to present U'khand budget bill in RS

Rediff.com10 May 2016

Congress members also vociferously pressed for a discussion on the Comptroller and Auditor General report.

RIL denies inflating gas field cost, slams rivals

RIL denies inflating gas field cost, slams rivals

Rediff.com14 Jul 2011

CAG had said the increase in field cost would mean a lower profit take for the government.

Congress alleges Rs 45,000-crore telecom scam

Congress alleges Rs 45,000-crore telecom scam

Rediff.com7 Jul 2016

Congress party has alleged that Modi government is surreptitiously taking steps to protect the interests of six leading telecom companies.

Govt flayed for unrealistic expenditure estimates

Govt flayed for unrealistic expenditure estimates

Rediff.com23 Dec 2015

Supplementary provisions exceeded the original provision by as much as 239,900 per cent in 2014-15.

Chidambaram flays probe agencies, CAG for overstepping limits

Chidambaram flays probe agencies, CAG for overstepping limits

Rediff.com12 Nov 2013

Asking the Central Bureau of Investigation to respect the line that divides between policy making and policing, Finance Minister P Chidambaram on Tuesday came down heavily on investigating agencies and Comptroller and Auditor General for "overstepping" their limits by attempting to convert bonafide executive decisions into either crimes or abuse of authority.

India's Apr-Oct fiscal deficit at 36% of FY22 target

India's Apr-Oct fiscal deficit at 36% of FY22 target

Rediff.com30 Nov 2021

The Union government's fiscal deficit works out to be Rs 5.47 lakh crore or 36.3 per cent of the budget estimates at the end of October 2021 on the back of improvement in revenue collection, according to the data released by the Controller General of Accounts (CGA) on Tuesday. The deficit figures in the current fiscal appear better than the previous financial year when the gap between expenditure and revenue had soared to 119.7 per cent of the last year's Budget Estimates (BE) mainly on account of a jump in expenditure to deal with the COVID-19 pandemic. In absolute terms, the fiscal deficit was Rs 5,47,026 crore at the end of October, the CGA said.

Problems plague advanced light helicopter Dhruv

Problems plague advanced light helicopter Dhruv

Rediff.com5 Aug 2010

Even after 10 years of its production, the indigenous Advanced Light Helicopter Dhruv still depends heavily on imports as most of its components are procured from foreign sources, the Comptroller and Auditor General (CAG) has said.

JPC report on 2G tabled in LS amid din, DMK walks out

JPC report on 2G tabled in LS amid din, DMK walks out

Rediff.com9 Dec 2013

The controversial report of the JPC, which gave a clean chit to Prime Minister Manmohan Singh in the 2G spectrum scam saying he was "misled" by the then Telecom Minister A Raja, was on Monday tabled in Lok Sabha amid pandemonium.

K V Kamath appointed chairperson of Rs 20,000-cr NaBFID

K V Kamath appointed chairperson of Rs 20,000-cr NaBFID

Rediff.com27 Oct 2021

The government on Wednesday announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore development finance institution NaBFID to catalyse investment in the funds-starved infrastructure sector. Parliament had in March cleared the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.

Jharkhand enter Ranji quarters after 1000-plus runs lead!

Jharkhand enter Ranji quarters after 1000-plus runs lead!

Rediff.com16 Mar 2022

The match was over as a contest after Jharkhand scored a mammoth 880 in their first innings - the tournament's fourth highest score on an Eden Gardens belter against a Nagaland attack in which five out of seven bowlers were hit for a not-so-pleasing "hundred".

TMC to seek Bengal Guv's dismissal over 'hawala link': MP

TMC to seek Bengal Guv's dismissal over 'hawala link': MP

Rediff.com29 Jun 2021

Sharpening its attack on West Bengal Governor Jagdeep Dhankhar on Tuesday, a day after Chief Minister Mamata Banerjee claimed that his name figures in the Jain Hawala scandal, the Trinamool Congress said it will think of ways to step up the demand for his dismissal.

Vinod Rai assumes charge as CAG

Vinod Rai assumes charge as CAG

Rediff.com7 Jan 2008

Vinod Rai, a 1972 batch IAS officer of Kerala cadre, took oath on Monday as the country's new Comptroller and Auditor General of India. Rai, who replaced V N Kaul, was administered the oath of office by President Pratibha Patil at a brief function at Rashtrapati Bhawan. Vice President Hamid Ansari, Prime Minister Manmohan Singh and Finance Minister P Chidambaram were among the dignitaries present at the ceremony.

Vinod Rai to be new CAG

Vinod Rai to be new CAG

Rediff.com17 Dec 2007

His appointment will be effective from the date he assumes charge of his office, an official statement said on Monday. An Indian Administrative Service officer of Kerala cadre, 1972 batch, Rai will take over from V N Kaul.

Now Modi govt gets it from CAG for Rs 16,707 cr scam

Now Modi govt gets it from CAG for Rs 16,707 cr scam

Rediff.com30 Mar 2012

The Comptroller and Auditor General's reports on the scams under the watch of the UPA government at the Centre are being celebrated by the BJP, but when the auditor indicts the government of its blue-eyed boy in Gujarat, the party is strangely silent. K Shah reports from Gandhinagar

CBI probes Air India's 68 Boeing aircraft order

CBI probes Air India's 68 Boeing aircraft order

Rediff.com9 Nov 2014

Air India had placed an order for 68 aircraft, including Boeing 737s, 777s and 787s, all valued at $11 billion in Dec 2005.

Lodha reforms: BCCI chief Thakur denies asking ICC to interfere

Lodha reforms: BCCI chief Thakur denies asking ICC to interfere

Rediff.com17 Oct 2016

IMAGE: BCCI president Anurag Thakur, right, with ICC CEO Shashank Manohar. Photograph: PTI Board of Control for Cricket in India president Anurag Thakur on Monday said in Supreme Court that he had not asked International Cricket Council's CEO Dave Richardson to state that the appointment of Justice Rajendra Mal Lodha committee would "tantamount to government interference" in the functioning of BCCI.

TN's Technocrat Finance Minister Faces First Test

TN's Technocrat Finance Minister Faces First Test

Rediff.com12 Aug 2021

Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.

Supreme Court removes BCCI chief Thakur, secretary Shirke

Supreme Court removes BCCI chief Thakur, secretary Shirke

Rediff.com2 Jan 2017

In a landmark judgement, the Supreme Court on Monday removed Board of Control for Cricket in India president Anurag Thakur, while secretary Ajay Shirke was also removed from his post.

Money meant for poor going somewhere else, says SC

Money meant for poor going somewhere else, says SC

Rediff.com12 Apr 2017

It observed that there is no record of the money meant for the welfare of construction workers.

Order CAG audit in Maharashtra Sadan construction: BJP

Order CAG audit in Maharashtra Sadan construction: BJP

Rediff.com24 Jul 2012

Bharatiya Janata Party leader Kirit Somaiya on Tuesday demanded a special Comptroller and Auditor General audit into the alleged irregularities related to the construction of Maharashtra Sadan building along with an inquiry into certain 'benami' companies, which he claimed, had been floated by two state ministers.

BCCI will not be under CAG audit

BCCI will not be under CAG audit

Rediff.com23 Feb 2010

The Board of Control for Cricket in India no longer enjoys the tax exemptions it got in the guise of being a charitable organisation but the government does not plan to bring it under the ambit of audit by Comptroller and Auditor General.

CAG to audit accounts of 5 telcos

CAG to audit accounts of 5 telcos

Rediff.com12 Feb 2010

The Comptroller and Auditor General of India, the apex audit body, has decided to audit the accounts of five telcos-- Bharti Airtel, Reliance, Tata, Vodafone and the state-run BSNL-- for 2009-10.

Congress raising 'non-issues' to divert attention from Agusta: Naidu

Congress raising 'non-issues' to divert attention from Agusta: Naidu

Rediff.com2 May 2016

The Congress on Monday sought a discussion on the latest report of the CAG, listing alleged irregularities in Gujarat State Petroleum Corporation's KG basin gas project and forced three adjournments in Rajya Sabha in the pre-noon session demanding a response from Prime Minister Narendra Modi.

Chopper deal: CBI starts fresh questioning of Tyagi brothers

Chopper deal: CBI starts fresh questioning of Tyagi brothers

Rediff.com16 Feb 2014

The Central Bureau of Investigation has started fresh questioning of the cousins of former IAF chief SP Tyagi in the Rs 3,600 crore AgustaWestland VVIP helicopter deal in light of claims by alleged middleman Guido Haschke that he had paid money to them.

How 2G case impacts telecom sector to this day

How 2G case impacts telecom sector to this day

Rediff.com22 Dec 2017

The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.

No undue benefit from KG gas, argues RIL

No undue benefit from KG gas, argues RIL

Rediff.com24 Apr 2014

Reliance Industries on Wednesday assailed reports of the Comptroller and Auditor General and expert P Gopalakrishnan, which have alleged the company got undue benefits pertaining to Krishna-Godavari basin gas and its pricing.

Star-studded economic panel marks Stalin's break with past

Star-studded economic panel marks Stalin's break with past

Rediff.com22 Jun 2021

Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.

Manohar Parrikar: Defence minister with a difference

Manohar Parrikar: Defence minister with a difference

Rediff.com20 Mar 2019

'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).

BCCI to pay Edulji, Rai Rs 3.5 crore each

BCCI to pay Edulji, Rai Rs 3.5 crore each

Rediff.com22 Oct 2019

The Supreme Court-appointed Committee of Administrators (CoA) will demit office after the BCCI AGM here on Wednesday, ending a tumultuous 33-month tenure.

CAG drags PMO in CWG mess; faults Dikshit

CAG drags PMO in CWG mess; faults Dikshit

Rediff.com5 Aug 2011

The Comptroller and Auditor General on Friday dragged the Prime Minister's Office in the Commonwealth Games mess by saying that Suresh Kalmadi, who is jail for alleged irregularities, was appointed as Organising Committee chief at its behest in 2004 despite "serious objections" from within government.

Delhi govt targets Dikshit; orders FIR in CWG street light scam

Delhi govt targets Dikshit; orders FIR in CWG street light scam

Rediff.com6 Feb 2014

Delhi's new government, headed by Arvind Kejriwal, on Thursday directed its anti-corruption branch to lodge an FIR in the Rs 90-crore street light project for the 2010 Commonwealth Games in which a panel headed by a former Comptroller and Auditor General had indicted the then chief minister Sheila Dikshit.

CAG slams army for food given to troops in J&K, NE

CAG slams army for food given to troops in J&K, NE

Rediff.com3 Aug 2010

The Comptroller and Auditor General slammed the army for the poor quality of food items supplied to troops in Jammu and Kashmir and the northeast on Tuesday, noting that the rations had rotted in some cases.

JPC gives clean chit to PM, says Raja had 'misled' him

JPC gives clean chit to PM, says Raja had 'misled' him

Rediff.com19 Apr 2013

The Joint Parliamentary Committee has given a clean chit to Prime Minister Manmohan Singh on 2G spectrum allocation, saying he was "misled" by the then Telecom Minister A Raja whose assurances stood "belied".

Coalgate: Court to award punishment to ex-coal secy, others on Dec 5

Coalgate: Court to award punishment to ex-coal secy, others on Dec 5

Rediff.com3 Dec 2018

The Central Bureua of Investigation sought a maximum of seven years imprisonment for the five convicted persons and imposition of heavy fine on the private firm.

CAG pulls up DRDO for irregularities in new projects

CAG pulls up DRDO for irregularities in new projects

Rediff.com29 Nov 2012

The Comptroller and Auditor General has pulled up the Defence Research Development Organisation pointing out "deficiencies" and "procedural irregularities" committed by it in taking up new projects and splitting sanctions for them to bring it within financial powers of the organisation head.

Rafale papers stolen, Centre tells SC; accuses The Hindu of contempt

Rafale papers stolen, Centre tells SC; accuses The Hindu of contempt

Rediff.com7 Mar 2019

The AG said the country needs the Rafale jet to defend itself 'from F-16 fighter planes that recently bombed us'.

Sino-India disengagement in eastern Ladakh complete: Rajnath

Sino-India disengagement in eastern Ladakh complete: Rajnath

Rediff.com21 Feb 2021

The country will not allow any "unilateral action" on its border and will pay any cost to thwart such attempts, he told the Bharatiya Janata Yuva Morcha's state conference.

BCCI secretary tears down COA chief Rai over Lodha reforms

BCCI secretary tears down COA chief Rai over Lodha reforms

Rediff.com3 Aug 2018

'Vinod Rai has been complete failure in implementing Lodha reforms'

CAG should take note of SC auction ruling: Govt

CAG should take note of SC auction ruling: Govt

Rediff.com28 Sep 2012

Armed with the Supreme Court observation, the government on Friday said constitutional authorities like the Comptroller and Auditor General should take note of the ruling that auction is not the only method for allocating natural resources.