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CAG conducting performance audit of GST, report likely soon
Sun, Nov 18, 2018
The Comptroller and Auditor General (CAG) of India is conducting performance audit of GST and is likely to finalise its report soon.
Indian Railways blasted by CAG over Mughalsarai station
Wed, Aug 08, 2018
A CAG report found major capacity constraints at Mughalsarai railway station, which was recently renamed Deen Dayal Upadhyay Junction, and it said the inadequate length of platforms was leading to inconvenience for passengers.
Railways station redevelopment plans flawed? This is what CAG report says
Tue, Aug 07, 2018
The Indian Railways’ Rs 1 lakh crore station redevelopment plans have attracted criticism from the Comptroller and Auditor General (CAG).
CAG puts spanner on GE's diesel loco manufacturing unit in Bihar
Sat, Jul 21, 2018
Putting a spanner on US giant General Electric's diesel locomotives manufacturing unit in Bihar's Marhowra, the Comptroller and Auditor General (CAG)has said that the project was not "in sync with the overall strategic vision of railways"
These states' fiscal deficit falls by 25% in FY18; check here details
Sun, Jun 17, 2018
Thirteen states have reported an average 25 percent decline in their fiscal deficit in the 12 months of FY18, according to a report. The report said this was primarily due to contraction in capital outlay
Reliance Infrastructure built Mumbai Metro threatened with audit by CAG
Fri, Jun 01, 2018
The Comptroller Auditor and General of India (CAG) said that it may start an audit of Mumbai Metro One Private Limited (MMOPL) by issuing detailed list of requisitions. It also said that it may enter MMOPL’s premises as and when the date for requisition of records is over. MMOPL, CAG, Mumbai Metropolitan Region Development Authority, CAG audit, Metro-1 corridor
Big setback for Reliance Metro as MMRDA tells CAG to take this step
Fri, Apr 27, 2018
The Mumbai Metropolitan Region Development Authority (MMRDA) has once again written to the Comptroller and Auditor General of India (CAG) to audit the accounts of Reliance Infra-led Mumbai Metro One Pvt Ltd (MMOPL) that built and runs Mumbai’s first Metro corridor.
Will you have to pay toll on DND flyway? Matter set for apex court hearing
Wed, Apr 04, 2018
The Supreme Court had in November last year asked the CAG to assist in the matter and verify the company's claim that the total cost of the project has not been recovered. During the hearing today, the bench said that it would not rely on the CAG's report as of now in the matter.
With P Chidambaram under scanner, Raghuram Rajan makes this revelation about 80:20 gold scheme
Wed, Mar 14, 2018
Raghuram Rajan was RBI Governor during that time and P Chidambaram was Union Finance Minister. In a statement, the commerce ministry said it will examine the circumstances as to why private parties were benefitted by allowing to import gold under 80:20 scheme by the UPA government when the government was in transition and will take necessary action against the persons involved.
CAG slams Modi govt's slow Ganges clean-up
Fri, Dec 29, 2017
The Ganges is arguably one of the most revered rivers in the world - and one of the most polluted. It is worshipped by Hindus, who make up about 80 percent of India`s 1.3 billion people.
Reliance Jio, Tata Teleservices, others understate revenue by Rs 14,000 crore, says CAG
Wed, Dec 20, 2017
Tata Teleservices, Telenor, Videocon and Reliance Jio are among five telecom firms which have understated revenues by over Rs 14,800 crore, resulting in a short fall of nearly Rs 2,578 crore to the exchequer, government auditor CAG said today.
EPFO approves proposal to credit ETF units to PF accounts
Fri, Nov 24, 2017
Retirement fund body EPFO today approved a proposal for crediting exchange traded fund (ETF) units to provident fund accounts of its 4.5 crore members. Employees' Provident Fund Organisation (EPFO) subscribers would be able to see ETF units in their PF accounts by March- end next year.
IRCTC delists juice brand after ex-rail minister complains of 'kachra'
Mon, Oct 02, 2017
The Indian Railways' catering wing, IRCTC, has delisted a juice brand after former railway minister Dinesh Trivedi complained that he was served a "contaminated" drink onboard a premium train.
Former home secretary Rajiv Mehrishi to take over as next CAG
Sun, Sep 24, 2017
The former Home Secretary Rajiv Mehrishi will be sworn in by President Ram Nath Kovind tomorrow and will replace Shashi Kant Sharme who demitted office on Friday.
Two corporations flouted norms leading to bad loans: CAG
Fri, Aug 11, 2017
"The REC and PFC did not conduct appropriate due diligence during credit appraisal and in the process assumed higher risks on the loan accounts," the Comptroller and Auditor General (CAG) said in its report tabled in the Lok Sabha.
Six telcos underreported revenue by Rs 61,064.5 crore: CAG
Fri, Jul 21, 2017
Private telcos, including Bharti Airtel, Vodafone and Idea, understated revenues to the extent of Rs 61,064.5 crore during 2010-11 and 2014-15, leading to a "short payment" of Rs 7,697.6 crore to the government, the CAG said today.
About 75% of targeted 60,000 officers trained for GST: NACEN
Sun, Dec 25, 2016
Uncertainty over the rollout date of GST notwithstanding, the NACEN has already trained about three-fourth of the targeted 60,000 field officials who would be instrumental in implementing the new indirect tax regime.
Black Money: CAG may audit IDS, not individual declarations
Sun, Oct 02, 2016
The Comptroller and Auditor General of India (CAG) may audit the just ended black money disclosure scheme for the process followed and how well it performed, but will not get into the disclosures made.
Audit report notes excess gas cost recovery by Reliance Industries
Tue, Aug 02, 2016
"Despite MoPNG`s directive, the operator continued to include this amount in the cost recovery for 2012-13 and 2013-14," said the report of the Comptroller and Auditor General of India tabled in Parliament on Tuesday.