Page 2 - Comptroller And Auditor General Of India

HP's outstanding debt-GSDP ratio much above the target set by 15th FC: CAG

The Comptroller and Auditor General (CAG) of India in its report, said the total outstanding debt-GSDP ratio, which stood at 42.91%, was above the target set by the 15th Finance Commission (36%).

India at 75: Much of India's institutional arrangement is for show only

Even after 75 years, India remains politically feudal and colonial bureaucratically

The complex world of regulators

Independent and continued evaluation of statutory regulatory agencies is necessary and important for feedback to regulators and Parliament

I am content that we brought a player-centric approach to BCCI: Vinod Rai

Rai, who has stressed in the book the need to give a chance to younger people in administrator positions, feels that everyone has a shelf life.

CAG calls for making officials accountable as J&K failed to submit UCs

It said the non-submission of the UCs means that authorities have not explained as to how funds were spent over the years and is fraught with the risk of misappropriation

UIDAI should review issue of Aadhaar to children below 5 yrs: CAG

CAG pulled up UIDAI for issuance of Aadhaar to children below age of 5 years on the basis of the biometrics of their parents, saying such acts are against the basic tenets of Aadhaar Act

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

Speed up broadband roll-out

War over USO fund should be resolved transparently

Down the pipeline: India's struggle with asset monetisation

Govt plan to raise Rs 6 trillion by offering roads, railway stations, airports and other assets could be hard to achieve

CAG pulls up Kerala govt over arrears in revenue, calls for intervention

The cash strapped Kerala government has revenue arrears to the tune of Rs 20,146.39 crore of which Rs 5,765.84 crore is outstanding for more than 5 years

CAG notification: Know about draft recruitment rules released on cag.gov.in

CAG has released a notification inviting comments on the proposed recruitment rules to the posts of auditor and accountant on its official website at cag.gov.in

CAG writes to RBI on banks' status post-recap over the past 5 years

Wants RBI to give performance details over the past five years

3/4th of demand raised by I-T after searches not upheld, says CAG

This was because additions were made related to transactions based on the documents found, which were disclosed by the assessee

CAG findings on IGST sharing may strain Centre-state relations further

As per rules, IGST must be shared equally between Centre and states and union govt is bound to part with another 42% of its share as per 15th Finance Commission recommendations

Questions abound as CBI seeks to chargesheet former CAG Shashi Kant Sharma

When Shashi Kant Sharma was appointed CAG in 2013, BJP had noted that he would be handling an audit into his own role in the AgustaWestland chopper deal - a classic case of conflict of interest

Trustees of PM CARES appoint SARC & Associates as auditor of fund

Opposition parties have questioned how the PM CARES Fund is being kept out of the audit purview of the Comptroller and Auditor General (CAG).

Fast-track lawmaking: Guillotine on budget debates happen far too often

Each year, the Lok Sabha Business Advisory Committee, which includes leaders of various parties, takes up five of the 52 ministries for discussion

The AGR case is a triumph of bureaucratic obstinacy over good sense

While it raises the larger question of the Court's role on matters that have a major impact on the economy, much of the blame also lies with the govt for poor handling of the issue

A real Budget, please: This one has to confront severe resource restraints

In Budget 2020 speech, the FM should state how she intends to return to the 7% track, and the hard decisions she will take to adjust to the realities of a slowing economy, writes T N Ninan

Indian Railways may rationalise fare, cut freight rates to boost economy

In September, the railways had announced several incentives to boost freight traffic