News for 'cag report'

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.

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.

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.

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.

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.

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.

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).

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".

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".

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.

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.

Infrastructure firms under CAG lens for audit

Infrastructure firms under CAG lens for audit

Rediff.com1 Jun 2007

The Comptroller and Auditor General of India plans to focus on infrastructure companies and banks for special audit during the current financial year.

CAG pulls up DRDO for unauthorised building

CAG pulls up DRDO for unauthorised building

Rediff.com15 May 2007

The bone of contention is the 450-seat convention centre built in the new DRDO building behind South Block at an additional cost of Rs 6.40 crore which has been taken objection to by the Comptroller and Auditor General.

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.

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.

Coal allocation: R-Power got undue benefits

Coal allocation: R-Power got undue benefits

Rediff.com30 Mar 2012

But company says govt decision to permit use of incremental coal does not result in any loss to exchequer or undue benefit.

SC order on coal blocks: Rs 2-lakh-crore investments at stake

SC order on coal blocks: Rs 2-lakh-crore investments at stake

Rediff.com26 Aug 2014

CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.

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.

Maya govt's land transfer dented exchequer by Rs 2600 cr

Maya govt's land transfer dented exchequer by Rs 2600 cr

Rediff.com23 Jul 2012

The erstwhile Bahujan Samaj Party government's decision to transfer over 500 acres of land to the Noida Authority in 2009 has resulted in a whopping Rs 2,600 crore loss to the state exchequer, the Comptroller General of India has pointed out.

Govt opens door for private airport developers

Govt opens door for private airport developers

Rediff.com31 Oct 2015

The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.

Delhi govt dismisses allegations against Dikshit

Delhi govt dismisses allegations against Dikshit

Rediff.com3 Aug 2011

With the Comptroller and Auditor General reportedly accusing Delhi Chief Minister Sheila Dikshit of irregularities in awarding certain Commonwealth Games contracts, the Delhi government on Wednesday stoutly rejected the allegations, saying she never "intervened to favour" any firm and all due processes were followed in finalising the contracts.

CAG blasts dept of space on Antrix-Devas deal

CAG blasts dept of space on Antrix-Devas deal

Rediff.com15 May 2012

The Comptroller and Auditor General has come down heavily on the Department of Space, particularly on its former Secretary G Madhavan Nair, in the controversial Antrix-Devas deal alleging numerous rules and policies were violated and facts concealed to favour a private company.

Where is the surplus to service the railways' debt?

Where is the surplus to service the railways' debt?

Rediff.com6 May 2016

Every class of passenger travel, except three-tier AC, loses money.

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'.

Rediff Chat: The man who exposed the 2G scam

Rediff Chat: The man who exposed the 2G scam

Rediff.com6 Jun 2013

Did former CAG Vinod Rai exceed his brief? Was he, as some in the government alleged, planning a post-retirement life in politics (which he had refuted many times)? Or did he strengthen the agency's constitutional mandate by refusing to toe the government line and maintaining a fierce independent streak?

CAG raps Cidco, L&T on Navi Mumbai project

CAG raps Cidco, L&T on Navi Mumbai project

Rediff.com20 Apr 2012

L&T has denied the charge and said the delay was entirely due to a dispute between Cidco and the railways.

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'

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.

A big win for Moneylife, a small step for journalism

A big win for Moneylife, a small step for journalism

Rediff.com11 Sep 2015

Moneylife's victory against NSE shows good journalism does not need to fear deep pockets of big corporations

How BCCI chief Thakur was pushed on the backfoot by Supreme Court

How BCCI chief Thakur was pushed on the backfoot by Supreme Court

Rediff.com18 Oct 2016

The Supreme Court bench comprising of Chief Justice T S Thakur and Justices A M Khanwilkar and D Y Chandrachud warned if there is a false statement given by BCCI office bearers on affidavit, then perjury or contempt proceedings could be initiated.

Tribal students get books but no teachers: CAG

Tribal students get books but no teachers: CAG

Rediff.com13 Jul 2009

Tribal students in Jharkhand, who were given textbooks free of cost, could not use them as there were no "qualified teachers" to teach tribal languages, a Comptroller and Auditor General of India's report has said. The government in 2003 decided to introduce tribal languages for class I to V, it said.

Left demands probe, debate on coal blocks allocation

Left demands probe, debate on coal blocks allocation

Rediff.com28 Aug 2012

Accusing the government of being under the influence of corporate houses, Left parties demanded a thorough probe into the CAG findings on the coal block allocation issue and an immediate debate on it in Parliament.

'RIL consulted before finalising KG-D6 draft'

'RIL consulted before finalising KG-D6 draft'

Rediff.com27 Jun 2011

The auditor said that in the case of performance audit on hydrocarbon production sharing contracts, 'interactive meetings were held with two operators, including RIL, prior to the finalisation of the draft performance audit report'.

All you need to know about the fodder scam

All you need to know about the fodder scam

Rediff.com1 Oct 2013

Monday's verdict in the fodder scam, sending former Bihar chief minister Lalu Prasad Yadav to jail, for which he could be disqualified as a member of the Lok Sabha - which could jeopardize the UPA government's already wafer-thin majority, is all over the news but how much do you know about it? Check out our primer.

Allegations baseless, Khurshid will NOT resign: Wife

Allegations baseless, Khurshid will NOT resign: Wife

Rediff.com13 Oct 2012

Terming as "baseless innuendos" the allegations of fraud by her Trust, Law Minister Salman Khurshid's wife Louise launched a scathing attack on activist Arvind Kerjriwal, accusing him of "doing politics using the shoulders of the disabled". She also trashed speculation about her husband resigning over the issue, saying there is no reason why her husband should step down.

Prez cautions against any state organ's bid to overreach

Prez cautions against any state organ's bid to overreach

Rediff.com8 Oct 2012

Amid a war of words between the government and the opposition over the recent Comptroller and Auditor General reports, President Pranab Mukherjee on Monday cautioned that attempts by any organ of the state to overreach will unnecessarily lead to dissonance within the system.

The story of Air India's slow death

The story of Air India's slow death

Rediff.com15 Sep 2011

In popular perception, the villain of the piece is former civil aviation minister Praful Patel.

Centre to place views on coal blocks before PAC by Sept 14

Centre to place views on coal blocks before PAC by Sept 14

Rediff.com7 Sep 2012

Amid furore over coal blocks allocation, the government will place its views before Parliament's Public Accounts Committee by September 14 on the observations made by the Comptroller and Auditor General. "The coal ministry will submit its comments to the PAC on CAG's observations on coal blocks allocations by September 14," said a top coal ministry official.

How India can run its PSUs profitably

How India can run its PSUs profitably

Rediff.com31 May 2016

A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.

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.