CAG

Coal auction to get Rs 3.45 lakh crore; Rs 36k crore saving via DBT: Government

Coal auction to get Rs 3.45 lakh crore; Rs 36k crore saving via DBT: Government

Publicising its work on the completion of two years in power, government said on Sunday that coal auction will bring Rs 3.45 lakh crore to the nation's kitty and Rs 36,500 crore would be saved on account of checking leakages through Direct Benefit Transfer (DBT) scheme for LPG subsidy.

Intermediate mechanism for NPA resolution on anvil: Vinod Rai

Intermediate mechanism for NPA resolution on anvil: Vinod Rai

Worried over mounting bad loans, the Bank Board Bureau (BBB) is working out an "intermediate mechanism" to ensure early resolution of the problem and also to provide comfort to the bank management with regard to settlement of dues.

Himachal Pradesh govt gave benefit of Rs 209.28 crore to Jaypee Power: CAG

The Jaypee Power Company which executed the 1000 MW Karchham-Wangtoo hydropower project in Kinnaur district has come under scanner of CAG which has pulled up the Himachal government for allegedly giving benefit of Rs 209.28 crore to the company.

Gujarat govt failed to develop dinosaur fossils site: CAG

Geological Survey of India found the 6.5 crore-years-old fossils site at Raiyoli village in Kheda district in 1981-82.

Several schemes failed to take off due to non-utilisation of funds: CAG

Several schemes in the national capital failed to take off due to "non-utilisation" of funds which were remitted back to the government during the President's rule in 2014-15, CAG said on Thursday

CAG finds anomaly in crop loan interest subvention claims

Noticing discrepancies in crop loan interest subvention claims in Odisha, Comptroller and Auditor General (CAG) said Odisha State Cooperative Bank failed to adhere to the guidelines and claimed excess interest subvention of Rs 263.55 crore

SP Govt failed to spend even one per cent of funds: BJP

 BJP today claimed the Samajwadi Party government has failed to "spend even one per cent" of funds under 115 heads as reflected in the latest CAG report tabled in the Uttar Pradesh Assembly.

Vinod Rai appointed first Chairman of Banks Board Bureau

Vinod Rai appointed first Chairman of Banks Board Bureau

Former CAG Vinod Rai was Sunday appointed first Chairman of the Banks Board Bureau, which will advise the government on top-level appointments at public sector lenders and ways to address the bad loans problem among other issues.

Parliamentary panel to study fire mishaps in rail coaches

Short circuit, poor maintenance and lack of awareness are major reasons of fire in trains, the Comptroller and Auditor General has said in its report on Railways.

CAG raps railways over lack of land management cells

The Comptroller and Auditor General has expressed dismay over absence of land management cells (LMCs) in many railway zones and divisions despite the need for such a body to maintain accurate land records for prevention of encroachments.

Delay in projects completion cost Railways over Rs 1 lakh crore: CAG

Delay in projects completion cost Railways over Rs 1 lakh crore: CAG

 Delay in the execution of more than 400 projects by the Railways resulted in cost overrun of Rs 1.07 lakh crore, the Comptroller and Auditor General of India has said.

ONGC suffered Rs 8,000 crore loss for poor rig management: CAG

ONGC suffered Rs 8,000 crore loss for poor rig management: CAG

In a report tabled in parliament, the CAG said ONGC`s non-productive time or idling time of rigs ranged between 19 and 23 percent over 2010-14.

Watch: Fast N Facts @7:30 pm

Fast N Facts @7:30pm

Watch: 15 Cities, 15 Reporters

15 reporters reporting from 15 cities of India.

UPA-2's new scam of Rs 50k crore gets exposed by CAG

CAG exposes Rs 50k crore scam during UPA regime in the Legislative Assembly, which has increased the problems of Congress.

Paddy procurement: CAG exposes Rs 50k cr scam during UPA regime

A report by CAG has alleged irregularities to the tune of over Rs 50,000 crore in procurement and milling of paddy meant for distribution of rice to poor through ration shops at subsidised rates.

CAG flags violation in 'depreciation' benefit to RIL

CAG flags violation in 'depreciation' benefit to RIL

Reliance Industries availed undue 'accelerated depreciation' benefit for a solar power project for which it also got Rs 22.49 crore incentive under a government scheme, a CAG report said Tuesday.

Top outfits for Bombay Gold Cup hockey tournament

Top outfits for Bombay Gold Cup hockey tournament

Twelve teams, including seven from outside Mumbai, are to compete for the top prize of Rs 3 lakh.

Banking secrecy laws shouldn't become obstacle in getting black money back: CVC KV Chowdary

In another push to India's bid to bring back black money stashed abroad, CVC KV Chowdary has asserted that all state parties should ensure cooperation in dissemination of information without any impediment of bank secrecy laws, to the requesting country.

CAG cannot audit private discoms in national capital: Delhi HC

The Delhi High Court has announced that there will be no audit of Delhi's electricity companies.