Page 11 - Cag

Extra financial burden on consumers due to PGCIL's inefficiency: CAG

In a scathing attack on inefficient operations of PGCIL, CAG has blamed higher electricity tariff on PSUs inability to recover Rs 6,853 cr from customers for relinquishing LTA to transmission network

PGCIL didn't recover Rs 6,853 cr relinquishment charges from customers: CAG

The CAG observed that total 26,836 MW of LTA were surrendered by the customers from September 2010 to March 2018

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

In UP, freebies to real estate players kept under wraps, finds CAG report

The transgressions happened before the Yogi Adityanath-led BJP state government came to power

CAG report on defence offset performance in next Par session: Sitharaman

Finance Minister Nirmala Sitharaman on Saturday said the CAG report on defence offset performance will be tabled in the forthcoming session of Parliament. The report of the Comptroller and Auditor General of India (CAG) on offset performance was scheduled to be tabled in the last session of Parliament but could not be done as the session had to be curtailed following the outbreak of coronavirus pandemic. "The C&AG Report No 20 of 2019...Defence Offset Performance was scheduled to be tabled in Parliament during the budget session (2020). The session ended, before date, due to COVID. Now the report will be placed in the next session. The contents will be known only after that, Sitharaman said in a series of tweets. Observing that the first Rafale fighter jet was handed over to India in October 2019, the minister said, There is a year-wise phasing of how much offset obligation the companies/OEMs have to fulfill. MoD informs me that claims of such obligations being fulfilled are ...

Bait and switch: The maths of promises and delivery will have to add up

On the three major subjects on which the country would like to hear from the prime minister - defence expenditure, healthcare spend, and economic difficulties - there is only silence, writes T N Ninan

Best of BS Opinion: Mismanaged transitions, policy debates, and more

Business Standard opinion pieces for the day, among other things, talk about how the government should move forward in policymaking

Omission and commission

The CAG needs to be more transparent

Ex J&K governor Girish Chandra Murmu sworn in as India's new CAG

Girish Chandra Murmu has assumed office as the Comptroller and Auditor General of India from August 8, 2020, an official statement said on Saturday

Former J&K Governor G C Murmu sworn in as Comptroller and Auditor General

At a ceremony held in the Ashoka Hall, Rashtrapati Bhavan, Murmu was sworn in as the Comptroller and Auditor-General of India

Supreme Court to hear applications on BCCI matter after two weeks

The matter came up for hearing before a bench comprising Chief Justice S A Bobde and Justice L Nageswara Rao

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).

Why Modi's PM CARES is more democratic than PM National Relief Fund

With a constitutionally sound trust in place, expectations would be that PM CARES becomes a war chest India can readily rely on in emergencies when the future of an entire country is at stake

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

Coal scam: SC asks CBI to file fresh report on probe against ex-CBI chief

A bench of Chief Justice S A Bobde and Deepak Gupta granted time to the agency after it sought time

Towards transparency

Disclosure of extra-budgetary borrowings is a prudent move

Reforming Railways

Passenger fare hike does not go far enough

Quantifying the social burden on railway finances

Put simply, the Railways spent Rs 98.44 for every Rs 100 it earned. This was the highest level in 10 years.

A blueprint for fiscal management & development

The Delhi government has focused its spends on essential services

Letter to BS: Bankers shouldn't fear cops if they are not corrupt

A frank discussion and the assurance by the PM earlier and the FM now will be of great value to the bureaucracy in the banking world