Page 7 - Cag

India, Maldives to strengthen professional capabilities in audit fields

During the meeting, Murmu emphasised the role of technology in today's rapidly changing world, which constantly create fresh avenues for audit and make audits more efficient

India, Maldives to strengthen professional capabilities in audit fields

During the meeting, Murmu emphasised the role of technology in today's rapidly changing world, which constantly create fresh avenues for audit and make audits more efficient

Credibility of govt accounting

Are official revenue-expenditure records evaluated critically and exhaustively enough?

CAG report on Noida shows why accountability is a myth in India's cities

The first-ever CAG report on Noida highlights the fact that most of India's megacities rarely have their accounts audited

Vacancies ranging from 5-36% in faculty positions in 7 IITs: CAG report

It noted that there was a shortfall in enrolment in the post-graduate (PG) programmes in all the eight IITs

Assam's growth rate declines, fiscal deficit, debts rose in 2019-20: CAG

Assam has recorded a decline in its growth rate while its fiscal deficit, outstanding debt and public debt have increased significantly at the end of 2019-20, a CAG report said

From 58% to 63%, India pumped more groundwater between 2004 and 2017

The Comptroller and Auditor General (CAG) of India on Tuesday pointed out that in the period between 2004 and 2017, the stage of extraction of ground water increased from 58 per cent to 63 per cent

PSUs borrowing to buy equity of another firm defeats purpose: CAG

Due to poor financial condition, it said, ChPT had to raise a loan of Rs 1,775 crore at a rate of interest of 8 per cent per annum for purchasing the GoI's stake in KPL

CAG pulls up ONGC for flaring high-pressure gas from Mumbai High Field

CAG pulled up ONGC for flaring of high-pressure gas valued at Rs 816.08 crore in the Mumbai High Field during 2012-13 to 2019-20

Noida failed in its main objective of industrialisation: CAG report

NOIDA, which was formed by the Uttar Pradesh government in 1976, has failed to achieve its main objective of industrialisation, according to a new CAG report.

Centre was sensitive to fiscal deficit: Garg on CAG's bank recap concerns

Funds for these investments were raised by the government through the issue of non-transferable special securities to the same PSBs.

4,500 acres of landed properties of 6 temples in Odisha under encroachment

The Comptroller and Auditor General of India (CAG) said that over 4,500 acres of landed properties of six temples in Odisha are under encroachment.

Use USO fund to subsidise smartphones, says Mukesh Ambani

As much as 5 per cent of the licence fee paid by telecom operators goes to the Universal Service Obligation (USO) Fund

Good work doesn't get much publicity: Nitish Kumar on CAG criticism

Kumar said a "damaging comment" often gets publicity and the good work ignored

DMRC flouted environmental norms during Phase III implementation: CAG

DMRC failed to adhere to various environmental requirements during the implementation of its Phase-III project, a report by the CAG of India said.

CAG raps Bihar govt for its financial help to defaulting govt companies

These PSUs have not finalised their accounts for the last one to 43 years in violation of provisions of the Companies Act/Acts of the respective Statutory Corporations/Public Sector Undertakings

Ridership, profit lower than projections for Delhi Metro's Phase 3: CAG

The report further stated that the DMRC did not prepare line-wise operational profit or loss statements as per the sanction letters

Be more realistic in demand for supplementary grants: CAG to Rail Ministry

The Ministry of Railways needs to be more "realistic" in its estimation of demand for supplementary grants, CAG said in a report tabled in the Lok Sabha on Monday.

Show bank recapitalisation in Budget as fiscally non-neutral: CAG to govt

In a report tabled in the Parliament, the CAG said the the government made an investment of Rs 80,000 crore in 2017-18 and of Rs 1,06,000 crore in 2018-19 for the recapitalisation of PSBs

CAG flags anomalies in accounts of units under IT, telecom ministries

The CAG on Monday reported multiple irregularities in the accounts of units under the IT and telecom ministries