Four CPSEs extended Rs 2,609 cr worth undue benefits to execs: CAG report

The CAG recommended that these CPSEs should discontinue reimbursement of "running and maintenance" expenses of vehicles as it violates DPE guidelines

The Comptroller and Auditor General (CAG) of India has unearthed Rs 2,609 crore worth “undue benefit” extended to executives by four central public sector enterprises (CPSEs), such as Indian Oil Corporation (IOC), Oil and Natural Gas Corporation (ONGC), GAIL (India), and ONGC Videsh (OVL).

In a compliance audit report tabled in Parliament, the CAG said by paying “running and maintenance” of vehicles to its executives based on their position, CPSEs have violated Department of Public Enterprises (DPE) guidelines.

IOCL, ONGC, GAIL, and OVL kept a fixed amount of Rs 800 per month as transport allowance, which was included under the