Page 10 - Cag

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

CAG pulls up govt for erroneous process of IGST devolution to states

The Integrated Goods and Services Tax (IGST) is shared between the Centre and states in the 50:50 ratio

CAG flags lack of transparency in food subsidy for FY17 and FY18

The CAG report said the government undertook funding of revenue and capital expenditure using extra budgetary resources in both the years

Data is information, will dictate history in the future, says PM Modi

Speaking at the Audit Diwas event of the Comptroller and Auditor General of India (CAG), he said in the past information was transmitted in form of stories.

CAG, Maldives counterpart sign MoU to strengthen professional capacity

The MoU, signed at Male on Sunday, is aimed at exchanging information in the field of public sector audit between India and Maldives

Tatas have liberty to refer new balance sheet to CAG-approved CA: TK Pandey

DIPAM Secretary says rescue missions such as Vande Bharat are on a cost recovery basis. Air India One has been transferred to the Indian Air Force. This will also be on a cost recovery basis

Goals of audit, executive are common: CAG Girish Chandra Murmu

Comptroller and Auditor General of India (CAG) G C Murmu on Wednesday said the audit and the executive are on the same side of table and their goals are common

CAG points out flaws in Gujarat govt's financial management

The CAG suggested that the state formulate "realistic budgets based on reliable assumptions of the needs"

CAG Murmu becomes external auditor of International Atomic Energy Agency

India's Comptroller and Auditor General G C Murmu was on Friday selected as the external auditor of the International Atomic Energy Agency

My report to President on govt accounting reform not made public yet: ex-CAG Mehrishi

Rajiv Mehrishi says as India's Comptroller and Auditor General he had submitted a report to the President under Constitution's Artcile 150 'advising on form and nature' of accounts' in March-April 200

CAG urges for greater use of new age tech for optimal use of resources

CAG Girish Chandra Murmu stressed on greater use of new age technologies such as data analytics, artificial intelligence and machine learning to enable auditors make optimum use of resources.

Swift deployment of IT solutions key for governments, institutions: CAG

CAG Girish Chandra Murmu on Wednesday said the success of every government and institution in the coming days will be measured by its ability to swiftly deploy IT solutions.

Assam did not address irregularity queries of Rs 215,286 cr in 25 yrs: CAG

The CAG said that the alleged irregularities were pointed out in 2,734 inspection reports (IRs) issued between 1994-95 and 2018-19 covering 55 departments of the state government.

Tamil Nadu power sector companies incurred Rs 13,000 Cr loss: CAG

Increased power purchase, coal handling, financing and employee costs were reasons

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

The epic fraud that was 'India Against Corruption'

The outspoken "independent" heroes of a decade ago -people like Vinod Rai, the auditor who couldn't count, remember him? - have quietly vanished into sinecures provided by the next government