News for 'cag reports'

Reliance questions CAG's audit on KG-D6 block

Reliance questions CAG's audit on KG-D6 block

Rediff.com14 Sep 2014

Reliance Industries has accused CAG of exceeding its brief in the audit of spending on eastern offshore KG-D6 block saying hindsight is being used to question operational decisions taken 8 years back.

Acute shortage of ammunition in army, no improvement since 2013

Acute shortage of ammunition in army, no improvement since 2013

Rediff.com22 Jul 2017

The CAG report noted that availability of 55 per cent types of ammunitions was below minimum inescapable requirement to be maintained for operational preparedness and 40 per cent types of ammunitions were in critical level, having stock of less than 10 days.

Audit of space dept deal on: CAG

Audit of space dept deal on: CAG

Rediff.com7 Feb 2011

The Comptroller and Auditor General on Monday said that the audit of certain activities of Department of Space were under way but made it clear that media reports on alleged scam in a deal between ISRO and a private firm cannot be concluded as its "findings".

Joshi praises Pranab's defence of CAG, PAC

Joshi praises Pranab's defence of CAG, PAC

Rediff.com16 Nov 2011

Politics over its critical reports on scams echoed in the 150th anniversary celebrations of the Comptroller and Auditor General on Wednesday when Bharatiya Janata Party leader and Public Accounts Committee Chairman Murli Manohar Joshi praised Finance Minister Pranab Mukherjee for defending both the CAG and the PAC when they came under attack.

Coal Crisis: 'Next few months will be a wake-up call'

Coal Crisis: 'Next few months will be a wake-up call'

Rediff.com19 Oct 2021

'They will be able to ride over this immediate crisis and carry on, but they need to take corrective steps and these will have to be long term measures which must include working closely with state governments.'

CAG hauls up ONGC for hiring a 2nd rig from Reliance

CAG hauls up ONGC for hiring a 2nd rig from Reliance

Rediff.com8 Aug 2013

CAG, in a report tabled in Parliament today, said Oil and Natural Gas Corporation hired rig 'Actinia' from RIL for six months in 2009 for Rs 146.71 crore (Rs 1.46 billion) saying it needed urgently drill three wells but its actual usage indicated the hiring was 'not necessary'.

'CAG has agreed to confine to KG-D6 block's audit'

'CAG has agreed to confine to KG-D6 block's audit'

Rediff.com11 Dec 2012

The PSC provides for a financial audit -- checking of the contractor's accounts in order to verify the charges and credits, but not a performance audit that scrutinises efficacies of processes or technology used in the complex deep sea operations.

CAG raps Centre for Gorshkov cost escalation

CAG raps Centre for Gorshkov cost escalation

Rediff.com24 Jul 2009

The Comptroller and Auditor General report for 2008, released in New Delhi, also questioned the prudence of the Ministry in buying the second-hand Russian warship, which now comes at 'half its life-span and about "60 per cent more expensive' than a new aircraft carrier.

Unfair for Modi to target Udhayanidhi: Stalin defends son

Unfair for Modi to target Udhayanidhi: Stalin defends son

Rediff.com7 Sep 2023

Pro-BJP forces, unable to tolerate Udhayanidhi's stance against oppressive principles, have spread a false narrative, alleging he called for the genocide of people with Sanatan thoughts, Stalin said in a statement and wondered why Prime Minister Narendra Modi would also join those targeting the Tamil Nadu minister.

CAG explains India's biggest scam to JPC

CAG explains India's biggest scam to JPC

Rediff.com30 May 2011

Comptroller and Auditor General Vinod Rai on Monday appeared before the Joint Parliamentary Committee, which is probing the 2G spectrum scam, to explain how the government auditor quantified the losses in the spectrum allocation at Rs 1.76 lakh crore. Rai was asked to brief the Committee, chaired by Congress leader P C Chacko, on the allocation and pricing of telecom licences and spectrum during 1998 to 2009.

Reliance Power got undue benefit of Rs 29,033 crore: CAG

Reliance Power got undue benefit of Rs 29,033 crore: CAG

Rediff.com17 Aug 2012

Flaying post-bid concessions to Reliance Power, the CAG on Friday said the Anil Ambani-led firm got undue benefit of Rs 29,033 crore (Rs 290.33 billion) when the government allowed use of surplus coal from blocks alloted to Sasan power plant for its other projects.

No disrespect to any institution: Sibal

No disrespect to any institution: Sibal

Rediff.com21 Jan 2011

Telecom Minister Kapil Sibal on Friday said that he meant no disrespect to any institution by his comments on the CAG report on 2G scam, but maintained that "canards" had to be responded to.

BJP flays Cong for trying to 'weaken' CAG

BJP flays Cong for trying to 'weaken' CAG

Rediff.com12 Nov 2012

Slamming Congress for trying to "weaken" Comptroller and Auditor General by making it a multi-member body, the Baratiya Janata Party on Monday warned that any such move would only 'boomerang' on the party.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

CAG's findings are flawed on multiple counts: PM

CAG's findings are flawed on multiple counts: PM

Rediff.com27 Aug 2012

Amidst Opposition ruckus in Lok Sabha, Prime Minister Manmohan Singh on Monday asserted that the observations of the CAG on the allocation of coal blocks were clearly disputable.

Tejas Mark-I fails to meet IAF criteria, has 53 shortfalls: CAG

Tejas Mark-I fails to meet IAF criteria, has 53 shortfalls: CAG

Rediff.com8 May 2015

It came under severe criticism from the CAG on Friday as it pointed out that its Mark-I version has 53 'significant shortfalls'.

CAG raps ISRO for extending 'undue benefit' to foreign firm

CAG raps ISRO for extending 'undue benefit' to foreign firm

Rediff.com6 Sep 2013

The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.

Manmohan Singh refuses to comment on ex-CAG's criticism

Manmohan Singh refuses to comment on ex-CAG's criticism

Rediff.com15 Sep 2014

Former Prime Minister Manmohan Singh, who is under fire from the former CAG Vinod Rai over the 2G spectrum scam and Coalgate, said he has done his "duty" and refused to respond to charges levelled against him.

2G audit was not influenced, says CAG, PAC

2G audit was not influenced, says CAG, PAC

Rediff.com16 Nov 2011

Comptroller and Auditor General Vinod Rai on Wednesday rejected reports that there was pressure from Parliament's Public Accounts Committee chairman Murli Manohar Joshi to expedite audit work of 2G spectrum allocation and said no findings were ever shared with the PAC.

Why West Bengal lost Rs 547 crore

Why West Bengal lost Rs 547 crore

Rediff.com17 Jul 2009

West Bengal lost Rs 546.68 crore (Rs 5.46 billion) in 2007-08 for not having its own fiscal responsibility law, which mandates fiscal discipline, according to the Comptroller and Auditor General (CAG).

Jairam Ramesh writes to CAG over delayed audits

Jairam Ramesh writes to CAG over delayed audits

Rediff.com3 Sep 2011

Rural Development Minister Jairam Ramesh has sent a missive to the Comptroller and Auditor General, expressing concern over delayed audit reports adversely affecting the flagship National Rural Drinking Water Programme. In a personal letter to CAG Vinod Rai, he has drawn attention to the ministry not being able to release funds to the states as they are not submitting audits of accounts of grants-in-aid along with the utilisation certificates.

CAG says EPFO earned more, paid less to members in 4 fiscals

CAG says EPFO earned more, paid less to members in 4 fiscals

Rediff.com18 Feb 2014

Retirement fund body EPFO paid lesser amount as interest on PF deposits of over five crore subscribers than its earnings between 2007-08 and 2010-11, government auditor CAG has said.

Air India-Indian Airlines merger under CAG lens

Air India-Indian Airlines merger under CAG lens

Rediff.com28 Jun 2011

The apex auditor is busy preparing a report on the Air India-Indian Airlines merger and modernisation of airports through public-private-partnerships, both carried out during the previous term of the United Progressive Alliance government.

TMC wants debate; rejects demand for PM's resignation

TMC wants debate; rejects demand for PM's resignation

Rediff.com22 Aug 2012

Seeking to corner the government over the CAG report on coal block allocation, the Bharatiya Janata Party is understood to have reached out to key UPA constituent Trinamool Congress.

CAG seeks pending information on KG-D6 block

CAG seeks pending information on KG-D6 block

Rediff.com22 Apr 2014

The list includes CAG's request dated July 2, 2012 for information on award of contract for laying of a 1,395-km pipeline by Mukesh Ambani-owned Reliance Gas Transportation Infrastructure Ltd for shipping KG-D6 gas from east coast to the west.

I will quit if found guilty in coal scam: PM

I will quit if found guilty in coal scam: PM

Rediff.com30 May 2012

Rejecting Team Anna's allegations of corruption against him, Prime Minister Manmohan Singh on Tuesday declared he will quit public life if the charges on coal block allotments are proved.

UPA redux: CAG now picks holes in Modi Sarkar's coal mines e-auction

UPA redux: CAG now picks holes in Modi Sarkar's coal mines e-auction

Rediff.com26 Jul 2016

In 11 out of 29 coal mines successfully e-auctioned, a number of qualified bidders in the e-auction stage were from the same company/parent subsidiary company coalition/joint venture, CAG said.

Now, CAG blasts ministry for Air India mess

Now, CAG blasts ministry for Air India mess

Rediff.com11 Jul 2011

The civil aviation ministry initiated and then made a mess of the merger of the erstwhile Indian Airlines with Air India, according to a Comptroller and Auditor General report.

CAG raps PSUs over accounting gaffes

CAG raps PSUs over accounting gaffes

Rediff.com24 Apr 2003

The Comptroller and Auditor General has pulled up leading public sector undertakings for glaring lapses in balance sheets, saying assets were overstated by Rs 377.43 crore (Rs 3.77 billion) in four Navratna companies including SAIL.

Watch Live! Jaiswal, Chidambaram speak on the coal scam

Watch Live! Jaiswal, Chidambaram speak on the coal scam

Rediff.com24 Aug 2012

Watch Live! Jaiswal and Chidambaram's press conference on the coal scam

CAG row: Sonia says BJP exposed, govt demands answers

CAG row: Sonia says BJP exposed, govt demands answers

Rediff.com23 Nov 2012

The comments by a former official of the Comptroller and Auditor General over the report on 2G spectrum allocation on Friday kicked up a row with Congress President Sonia Gandhi suggesting that the Bharatiya Janata Party had been exposed while the government demanded answers from Parliament's PAC chief M M Joshi over his alleged role.

CAG finds accounts clean in supplementary audit: MCX-SX

CAG finds accounts clean in supplementary audit: MCX-SX

Rediff.com25 Aug 2014

The company's accounts were audited by CAG as its shareholders include public sector banks.

Congress urges SC to recall Rafale verdict; bad losers, replies BJP

Congress urges SC to recall Rafale verdict; bad losers, replies BJP

Rediff.com16 Dec 2018

The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.

Joshi seeks CAG inquiry into expenditure during Maha Kumbh

Joshi seeks CAG inquiry into expenditure during Maha Kumbh

Rediff.com17 Feb 2013

Senior Bharatiya Janata Party leader Murli Manohar Joshi on Sunday said that a Comptroller Auditor General inquiry should be conducted into expenditure made during Maha Kumbh Mela at Allahabad.

Did Censor Board okay 172 adult films for public viewing?

Did Censor Board okay 172 adult films for public viewing?

Rediff.com7 Jul 2015

A CAG report severely criticises the movie certification body for fabrication of documents and showing bias while issuing film certificates.

CAG pulls up Chhattisgarh govt for coal block allocation

CAG pulls up Chhattisgarh govt for coal block allocation

Rediff.com24 Aug 2012

Even as the Bharatiya Janata Party paralyses Parliament on the allocation of coal blocks by the Centre, its own government in Chhattisgarh had come under attack from Comptroller and Auditor General for allocating coal blocks at 'abnormally low' rates that led to a loss of over Rs 1,052 crore.

Action on coal blocks must not be driven by politics'

Action on coal blocks must not be driven by politics'

Rediff.com7 Sep 2012

CAG has said the government suffered a presumptive loss of Rs 1.86 lakh crore (Rs 1.86 trillion) in coal block allocations during 2004-2008, when Prime Minister Manmohan Singh held the coal portfolio.

UPA to put up united face to counter oppn attack in Par

UPA to put up united face to counter oppn attack in Par

Rediff.com21 Aug 2012

The United Progressive Alliance is expected to put up a united face on Wednesday to counter opposition demand for resignation of Prime Minister Manmohan Singh over the Comptroller and Auditor General reports on coal block allocation and two other issues.

Dangerous consequences of warships built in India

Dangerous consequences of warships built in India

Rediff.com20 Aug 2012

According to a 2010 CAG report on warship building, this year the navy will have just 44 per cent of the destroyers it needs; 61 per cent of the frigates; and 20 per cent of its requirement of corvettes, reports Ajai Shukla.

Air-India hid losses in 2009-10, says CAG

Air-India hid losses in 2009-10, says CAG

Rediff.com9 Feb 2011

According to an interim report of the government audit body, the loss should have been Rs 8,589.1 crore (Rs 85.89 billion), instead of Rs 5,551 crore (Rs 55.51 billion) as has been shown in the account books, sources said.