Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.
Delivering on yet another poll promise, the Aam Aadmi government on Tuesday announced a 50 per cent subsidy on power consumption upto 400 units in Delhi and was well on course to ordering a CAG audit into the finances of three private power distribution companies.
Stressing the need to make evidence-based policy formulation an integral part of governance, the prime minister said auditors must resort to technical tools to iron out any chances of fraud in organisations and give a new identity to new India.
Finance ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states, saying temporary retention cannot be termed as diversion.
The compensation would be met through levy of a cess called 'GST Compensation Cess' on luxury items and sin goods like tobacco, for the first five years.
The Congress on Monday put the ball in Aam Aadmi Party's court over government formation in Delhi saying that 16 of its 18 demands need just administrative decisions and have nothing to do with Parliament or assembly.
Taking a cue from the Delhi government's decision of a 50 per cent cut in power tariff, All India Congress Committee secretary and Member of Parliament Sanjay Nirupam on Wednesday demanded that the Maharashtra government should reduce the tariff for power consumption of less than 500 units per month in the city.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
The Universal Service Obligation fund was set up in April 2002 and a statutory status was given to it.
The CAG observed there was no change in the price of 'flyaway aircraft package'.
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.
National auditor says a significant part of NPAs was due to fraud and may never be recovered
Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
States are now gearing up to implement the scheme, integrating it with their own public health insurance plans and tying up the loose ends.
Chief Minister Arvind Kejriwal on Friday accused BSES discoms of trying to "blackmail" the government by threatening power cuts upto 10 hours a day, and warned them of strict action including possible cancellation of licenses.
Akhilesh believes his catchment area is the 4.1 million new voters who are 18 to 19 years old.
Rates to go up as Delhi power regulator works out plan to liquidate past dues.
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
The biggest challenge on policy front is the fight against the perception that a small number of big corporations do cosy deals with the government.
'We have to go through the process of obtaining informed consent.'
A week after taking office, Arvind Kejriwal and his ministers have ambitious promises to keep.
To avert another Uttarakhand-type catastrophe, we must change course. We should stop pandering to the Indian elite's insatiable appetite for electricity, which is driving reckless dam construction, says Praful Bidwai
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