CAG report shows why food security will be a disaster
May 14, 2013 at 15:46 | Source:
On 7 May, the Comptroller and Auditor General (CAG) of India presented to Parliament a Performance Audit of Storage Management and Movement of Foodgrains in Food Corporation of India.This report has gone largely unreported in the media, given that it...
Sindhushree Khullar likely to become first woman CAG
May 13, 2013 at 05:40 | Source:
NEW DELHI: Sindhushree Khullar, secretary to the Planning Commission, is tipped to be the next Comptroller and Auditor General of India after incumbent Vinod Rai retires this month end. If she makes it, her appointment will see two firsts: India wil...
CAG, food security and good sense
May 12, 2013 at 22:37 | Source:
The Hindu BusinessLine
The National Food Security Bill (NFSB) couldn’t be passed in the Parliament session that ended last week, despite a spirited promotional pitch by its proponents — including Nobel Laureate Amartya Sen. Last week also saw the Comptroller a...
Karnataka victory a direction to expose BJP: Tewari
May 10, 2013 at 18:47 | Source:
Mumbai: Information and Broadcasting Minister Manish Tewari today said Karnataka assembly polls results has given a cue to the people to "expose" BJP while voting in the 2014 Lok Sabha elections. Addressing a press conference at the Mumbai ...
Apex court seal on Cairn-Vedanta deal
May 10, 2013 at 08:12 | Source:
Calcutta Telegraph News
New Delhi, May 9: The Supreme Court today upheld the $8.5-billion Cairn-Vedanta deal, which got the Centre’s approval last year but drew flak from the Comptroller and Auditor General (CAG). A two-judge bench of justices K.S. Radhakrishnan and ...
Supreme Court upholds Cairn-Vedanta Deal, brings relief to government
May 10, 2013 at 05:21 | Source:
NEW DELHI: The Supreme Court dismissed a petition challenging the $8.5-billion Cairn-Vedanta deal, and ruled that a commercial decision cannot be regarded as mala fide or driven by ulterior motives merely on the grounds that it looks wrong in hindsi...
Supreme Court dismisses plea challenging $8.5 billion Cairn-Vedanta deal
May 09, 2013 at 13:15 | Source:
NEW DELHI: The Supreme Court on Thursday rejected a challenge to the $8.5 billion Cairn-Vedanta deal. A PIL had challenged the deal on the ground that there was a loss to state-owned ONGC on account of the sale. The apex court said that Cairn Energy ...
CAG blasts government, FCI for shockingly poor food management
May 08, 2013 at 17:22 | Source:
The Comptroller Auditor General of India has strongly criticised the Food Corporation of India (FCI), the central grain procurement and storage agency, for gross inefficiencies resulting in huge losses to the government exchequer and the general pub...
Increase direct procurement of foodgrain, CAG tells Centre
May 07, 2013 at 23:26 | Source:
The Hindu BusinessLine
New Delhi, May 7: The Comptroller and Auditor General (CAG) has urged the Centre to take steps to augment direct procurement by Food Corporation of India (FCI) and States in view of the foodgrains requirement for welfare schemes. “FCI should e...
Conduct external audits of key spending depts: Govt tells CAG
May 07, 2013 at 17:16 | Source:
New Delhi: Key departments where massive spending is involved should be also subjected to external audit in addition to a CAG scrutiny, the Government has suggested amid a political storm over its auditor's findings on 2G spectrum and coal blocks all...
Hydelgate: How NEEPCO projects were taken away
May 06, 2013 at 16:57 | Source:
DELHI: A CAG report last year indicted the Arunachal Pradesh government for taking hydel projects away from NHPC and giving them to private companies. However, NHPC is not the only PSU whose projects were taken away by the Arunachal government. Nor ...
CAG has enough power to ensure ‘unfettered’ audits: Vinod Rai
May 03, 2013 at 21:22 | Source:
The Hindu BusinessLine
New Delhi, May 3: Comptroller and Auditor General (CAG) Vinod Rai has said that Constitution has adequately empowered the public auditor to exercise its functions and ensure “unfettered” audits. “We do not need more powers, the con...
CAG has enough powers to ensure 'unfettered' audits: Vinod Rai
May 03, 2013 at 17:15 | Source:
NEW DELHI: Comptroller and Auditor General (CAG) Vinod Rai has said that Constitution has adequately empowered the public auditor to exercise its functions and ensure "unfettered" audits. "We do not need more powers, the constitution makers in this ...
Have never felt any pressure formulating audits, says Vinod Rai
May 03, 2013 at 16:11 | Source:
New Delhi: Comptroller and Auditor General (CAG) Vinod Rai has said that Constitution has adequately empowered the public auditor to exercise its functions and ensure "unfettered" audits."We do not need more powers, the constitution ma...
BJP grooms its young Varun Gandhi to take on Rahul Gandhi in UP
May 02, 2013 at 09:26 | Source:
Varun Gandhi will be the BJP s answer to Rahul Gandhi and Akhilesh Yadav in Uttar Pradesh. The point was firmly driven home by none else but BJP president Rajnath Singh at a well-attended rally in Bareilly in west UP on Wednesday. The rally marks th...
Vivek Rae wants early nod for pending oil and gas exploration issues
Apr 29, 2013 at 10:12 | Source:
NEW DELHI: Petroleum secretary Vivek Rae has asked bureaucrats in the oil ministry to clear numerous pending issues about oil and gas exploration by May end or face action as indecision has blocked billions of dollars of investment as well as develo...
Land allotment: How Naveen Patnaik's govt threw norms to wind
Apr 26, 2013 at 16:56 | Source:
By Sandeep SahuFor 13 years, Naveen Patnaik has assiduously built a public image of honesty, probity and transparency about his government. But like a high rise built with substandard construction material, the carefully constructed edifice is coming...