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CAG

Scrap Vizhinjam project, if corruption is involved: Congress

Chief Minister Pinarayi Vijayan had recently made it clear that if there was any corruption it would be probed.
 

Vizhinjam Port agreement not in favour of state: CAG

"The interests of state government were not protected adequately while drawing up the Concession Agreement", the report said in its conclusion.

Non-performing PSUs bleeding Uttar Pradesh's coffers dry

A report by the country's top audit body, tabled in the just-concluded session of the Assembly, shows tardy performance of the state's PSUs.

Vinod Rai writes to FM, PMO on bad loans, suggests roadmap

Vinod Rai writes to FM, PMO on bad loans, suggests roadmap

Expressing concerns over mounting bad loans, Banks Board Bureau (BBB) Chief Vinod Rai has written to Finance Minister Arun Jaitley and Prime Minister's Office underlining the tardy progress made by state-owned lenders in resolving the issue of Non Performing Assets.

CAG raps AAP government for ad spends

CAG raps AAP government for ad spends

The Delhi government spent 86 per cent of the total budget for its media campaign celebrating completion of AAP's one year in power on full-page ads, TV clips and advertorials outside the national capital, a CAG report has found.

Short-term loans eroded AI's fin restructuring benefits: CAG

Short-term loans eroded AI's fin restructuring benefits: CAG

The benefits for Air India from the financial restructuring plan have been largely eroded by high volume of short-term loans and the state-owned airline should look at rationalising costs.

Economic Survey 2017: Policy making constrained due to bureaucratic caution

Economic Survey 2017: Policy making constrained due to bureaucratic caution

Policy making in certain areas like telecom and banking has been severely constrained due to "abundant caution in bureaucratic decision-making", the Economic Survey said on Tuesday.

My role in BCCI is that of a night-watchman, says cricketing body's new boss Vinod Rai

My role in BCCI is that of a night-watchman, says cricketing body's new boss Vinod Rai

The Supreme Court today appointed a four-member committee of administrators to run the affairs of the BCCI.

IIMs declared as 'Institutions of National Importance'

IIMs declared as 'Institutions of National Importance'

The Union Cabinet chaired by Prime Minister Narendra Modi on Tuesday approved the Indian Institute of Management (IIM) Bill, 2017 under which the reputed string of Universities would be declared as Institutions of National Importance.

No DND flyway toll tax for now, says SC; CAG to file audit report in 8 weeks

No DND flyway toll tax for now, says SC; CAG to file audit report in 8 weeks

The Supreme Court on Monday refused to resume the toll tax on Delhi-Noida-Direct (DND) flyway for now.

GST Council to discuss model laws, tax jurisdiction on Friday

GST Council to discuss model laws, tax jurisdiction on Friday

The issues of draft model laws for implementation of the new GST regime from April 2017 and its jurisdiction will be form the forefront of discussion in the GST Council meet at the two-day meeting starting Friday.

Centre to compensate states every quarter for GST revenue loss

States will receive provisional compensation from Centre for loss of revenue from implementation of GST every quarter but the final annual number would be decided after an audit carried out by CAG.

CAG critical of delay in construction of govt flats in J&K

The J&K Estate Department has drawn flak from the Comptroller and Auditor General (CAG) over delay in construction of flats for government employees in Jammu and Kashmir.

Black money disclosure scheme: CAG may audit Rs 65,250 crore, not individual declarations

Black money disclosure scheme: CAG may audit Rs 65,250 crore, not individual declarations

As much as Rs 65,250 crore of undeclared assets were declared through 64,275 declarations through the one-time four-month compliance window provided under the Income Disclosure Scheme (IDS) that ended on September 30.

Fiscal deficit at 76.4% of Budget estimate in Apr-Aug

Fiscal deficit at 76.4% of Budget estimate in Apr-Aug

Fiscal deficit in the first five months of the current fiscal stood at Rs 4.08 lakh crore, which was 76.4 per cent of Budget estimates for 2016-17.

Punjab fails to avail Rs 719 cr of funds: CAG

Punjab could not avail funds amounting to Rs 719.50 crore due to delay in submission of utilisation certificates to the Centre, according to a latest CAG report.

Naik writes to President, PM on UP govt denial to CAG audit

Governor Ram Naik has written to President, PM Narendra Modi against denial of permission to CAG to audit Ghaziabad Development Authority.

'So what!' says ex-CAG Vinod Rai on civil servants using taxpayers' money to fund private trips

'So what!' says ex-CAG Vinod Rai on civil servants using taxpayers' money to fund private trips

Former Comptroller and Auditor General (CAG) Vinod Rai, under whose watch the auditing body had reported on the 2G spectrum and coal blocks allocation irregularities, has defended private trips by government officials at taxpayers' expense.