With over half the Plan funds that Parliament approves being spent through non-government channels, to cite the figure in CAG Vinod Rai's presentation to the Planning Commission, members of the Parliament have no way of knowing whether the money is properly spent.
The apex court also said the CAG report on the 2G spectrum allocation placed in Parliament was 'revealing.'
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.
The government on Tuesday tabled in Parliament the Comptroller and Auditor General of India (CAG) report on 2G spectrum allocation, whose reported extracts have created a political storm and led to the resignation of Telecom Minister A Raja.
With his resignation as telecom minister, A Raja appeared to have saved himself from any mention in the Supreme Court today in the controversial 2G case, with petitioners seeking more time to file submissions on the report of the CAG that is to be placed in Parliament.
The Supreme Court on Friday granted six weeks time to Mukesh Ambani's Reliance Industries Ltd (RIL) to respond to the final CAG report which found alleged irregularities including in payments made to the contractors on drilling of D6 wells at the Krishna-Godavari basin.
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FIRs have been registered against top officials of the aviation ministry, GVK Ltd and police department on a complaint that Mumbai International Airport Ltd (MIAL) received undue benefit to the tune of hundreds of crores of rupees from the government.
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".
The remarks by the bench came on the plea by a non-government organisation -- Centre for Public Interest Litigation -- which was seeking a direction to the government for restraining it from regularising the license of the telecom companies, which failed to meet the roll-out obligations.
The Supreme Court on Friday asked the government to respond to the CAG report that points towards large-scale irregularities and favouritism allegedly by Telecom Minister A Raja in the Rs 70,000-crore (Rs 700 billion) 2G spectrum allocation scam in 2008.
National auditor says a significant part of NPAs was due to fraud and may never be recovered
The DoT also clarified that all queries have been duly and promptly replied in time. The Director General Audit, Post and Telegraph in continuation of their earlier queries has issued Draft Report on July 19 to DoT for comments.
With his new book creating a major controversy, former Comptroller and Auditor General Vinod Rai on Tuesday said he has nothing personal against former prime minister Manmohan Singh, but all the "acclaim and the blame" has to be taken by the head of the government.
In the backdrop of the Supreme Court's remarks on delay by the prime minister in acting on plea for sanction of prosecution of A Raja in 2G spectrum case, Congress on Wednesday said it was "wrong and unfair" to say Manmohan Singh has not taken action against the former telecom minister.
"I want to reiterate that I went as per the telecom policy of 1999, as per recommendations of Telecom and Regulatory Authority of India and vision contemplated by the government. If there have been any procedural lapses. Let it be investigated. No problem at all," Raja told reporters here two days after he unceremoniously put in his papers.
In a blow to GSM operators, who have been demanding that auditor CAG be stopped from vetting their account books, tribunal TDSAT has declined an interim relief, saying it had no powers to intervene.
Effective tax rate is the portion of profits which companies pay as corporate tax after seeking exemptions, as against the statutory tax rate of 33.9 per cent.
The DoT is acting as a liaison between telecom companies and the CAG for an audit by the latter.
Every class of passenger travel, except three-tier AC, loses money.
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.
The state government allotted 50 acres of land near Visakhapatnam to Satyam Computer in December 2008 at a concessional rate of Rs 10 lakh.
After facing flak over recent accidents claiming six lives, Delhi Metro has come under attack from the Comptroller and Auditor General which raised questions on its accountability and blamed the government for "deliberately" delaying tabling of the report in Parliament.
It is also understood that scope of this audit will far exceed the normal course of audit by CAG and the prime objective may be to detect fraud, if any, by RIL allegedly in collusion with oil regulator DGH and Ministry of Petroleum and Natural Gas.
The police department had 49,143 units of weapons, of which 11,232 or about 23 per cent, were obsolete, the CAG report for the year ended March 31, 2009 said. There was also shortage of weapons as per Bureau of Police Research and Development (BPRD) norms.
In its report for the year ended March 31, 2008, the CAG has expressed serious concern over deficiencies like 'non-provision of the envisaged job guarantee to rural poor, fake payment of wages and delay in payment of wages to labourers'.
'As someone who has had the opportunity of cross examining Vinod Rai, extensively over three days as part of the Joint Parliamentary Committee, many of us included I had concluded at that point of time that this report rests on the foundation of sand.'
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.
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.
Some documents not yet provided, spokesperson tells DNA Money. Murli Deora's Petromin says report submitted! ADAG once again asks for tabling of report, shows 'proof' govt appointed auditors of RIL expense sheet have conflict of interest.
With the Comptroller and Auditor General slamming the government for buying the second-hand Admiral Gorshkov at the price of a new aircraft carrier, Navy Chief Admiral Sureesh Mehta on Thursday defended the price being paid by India for the warship.
Altogether 41,663 farmers in 383 villages in Washim, Yavatmal, Amravati and Buldhana districts of Vidarbha region were covered in the sample survey. Those reporting land holding in range of two to six hectares were 40 per cent and around six per cent reported land holding of more than six hectares, CAG said. Only eight per cent farmers confirmed visit of any government official in 2006, the report said.
The dinner was followed by a meeting in which nearly two dozen allies facilitated Prime Minister Modi.
"We will not make payment if the beneficiary does not have a bank account. We have opened 1.45 crore accounts so far. We will cover 3.37 crore beneficiaries very soon," Union Rural Development Minister Raghuvansh Prasad Singh told PTI on Monday. The minister, who was speaking after inaugurating the National Consultation on NREGA, said the move would help check any irregularity in implementation of the programme.
"Undue favours" to builders, including Robert Vadra's Skylight Hospitality, by the Haryana government during the Congress regime has come under attack from the Comptroller and Auditor General.
In 2001, George Fernandes was in the cross hairs of the Comptroller and Auditor General over the purchase of allegedly overpriced coffins for soldiers killed in battle. Seven years later, the CAG has zeroed in on Fernandes' pet project -- a new ordnance factory in his parliamentary constituency, Nalanda, to manufacture 155 mm ammunition for Bofors guns -- slamming it as a poorly planned project that was rushed through urgently.
Expressing happiness over completion of one year in the office, Delhi CM Arvind Kejriwal on Sunday said the bonding between the AAP and the national capital is deep and everlasting.
Rejecting the contention of private power distributors, the Delhi government on Wednesday ordered an audit by the Comptroller and Auditor General of their finances, fulfilling yet another election promise of the Aam Aadmi Party.
Finance Minister Arun Jaitley on Wednesday asked the CAG not to sensationalise its findings to get into headlines, a view the Congress party had voiced in the past after huge notional losses were projected in reports on 2G and coal allocation scams.
Equity investments in 82 public sector enterprises have been completely eroded due to accumulated losses, an audit of financial statements conducted by the Comptroller and Auditor General of India revealed.
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.
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