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Friday, November 1, 2024
TopicCAG

Topic: CAG

Only 41% projects under housing ministry’s now-lapsed satellite town scheme complete, CAG tells Centre

Work under Urban Infrastructure Development Scheme for Satellite Towns was marred by poor monitoring, lack of impact assessment, delays, finds audit. CAG has shared report with Centre.

Govt buried key information in footnotes, understated external debt by Rs 2 lakh crore, says CAG 

Audit body found several other irregularities in govt’s accounts for FY22, including cess collections lying unused or misused, and expenditure being placed under opaque headings.

As Modi govt, Opposition exchange barbs on CAG reports, a look at the auditor’s role & how it functions

New Delhi: The Parliament received 12 reports, including a bunch of performance audits, from the Comptroller and Auditor General of India (CAG) during the...

Ayushman Bharat to Dwarka expressway, Congress cites CAG findings to accuse Modi govt of ‘7 scams’

Supriya Shrinate says 'Mangalyaan could have been sent at cost of constructing 2 km of Dwarka expressway', accuses Modi of 'remaining silent as scams unearthed under his nose'.

‘Incorrect assessment’ led to delays in development of HAL’s intermediate jet trainer, says CAG

Govt had sanctioned Rs 180 crore for project in 1999. Improper engine selection had a cascading effect on design and development process of aircraft, says auditor.

Pension payments for over 2,000 dead people — CAG report flags lapses in govt welfare schemes

In 122-pg report tabled in Rajya Sabha, Comptroller and Auditor General showed other gaps in disbursal & recommended 'specific measures for cleaning/weeding out ineligible beneficiaries'.

SubscriberWrites: India’s defence R&D needs an upgrade

While there has been considerable progress in developing a robust industrial ecosystem for defence production in India, the limitations are obvious, writes Debabrata Chatterjee.

How DRDO projects overshot budgets by up to 426% — CAG flags ‘serious flaws’ in cost estimation

Main reasons for cost overrun include changes in design specifications & user requirement, rise in foreign exchange variation & procurement of additional spares, says audit watchdog.

‘Abnormal delays’ by DRDO drove defence forces to import key technology, shows CAG report

CAG audited Mission Mode projects in DRDO and highlighted ‘changes in technology, import of items by users, and non-availability of required item’ as problems resulting from delays.

After Union govt, states obfuscating budgets. India needs true bond market more than CAG audits

As seen with the fall of the Liz Truss govt in the UK, a well-functioning bond market can sometimes be more brutal and more effective in taming government profligacy.

On Camera

Iran’s real fantasy is to take over Muslim world. Palestine is just a façade

Since 1979, Iran has used the Palestinian issue as a façade for its regional agenda to oppose American diplomacy, the Western world, and the existence of Israel.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.