Friday, 19 August, 2022
TopicCAG report

Topic: CAG report

Inaction in gem & jewellery sector costs tax dept losses worth Rs 38,449 cr, says CAG report

The group, operating in the Gems and Jewellery sector, has indulged in the malpractice of mis-invoicing and over-invoicing. It allegedly controls 20 entities based out of Hong Kong and UAE.

AAP cheers CAG revenue-surplus find as nod to ‘honesty’. But it wasn’t all rainbows & butterflies

CAG report cited huge losses incurred by 7 public sector enterprises, non-utilisation of funds meant for various schemes & pulled up public sector firms for not adhering to policies.

55 reports in 2015, 14 in 2020 — CAG output has ‘fallen’ over last few years

In the last decade, CAG’s peak output was seen in 2015 — a year after Modi govt took office. The agency’s defence audit reports fell from 8 in 2017 to 0 last year.

It’s IAS vs IA&AS as Murmu’s appointment as CAG upsets auditing service officers

The 1985-batch IAS officer’s appointment is being seen as only the latest instance of the cadre’s continued domination of the agency over the auditor officers.

Has CAG Siachen report exposed Modi govt’s muscular national security pitch as hollow?

The CAG has flagged acute shortage and inadequate reserve of equipment and rations for Army troops in high-altitude areas of Siachen, Ladakh and Doklam.

CAG report shows IAF wanted only Rafale, competitive bidding was just a charade

Rafale failed on several parameters but the Air Force, impressed by Mirage aircraft in Kargil war, remained insistent on jets from Dassault.

IAF favoured Boeing for new helicopters, revised parameters 5 times: CAG

CAG notes Boeing's Chinook has lesser load capacity and carries fewer troops as compared to Russian Mi-26. Report says Mi-26 too does not meet all criteria.

Rahul Gandhi dismisses CAG report on Rafale deal

Congress president Rahul Gandhi argued that the audit report on the Rafale deal did not address the dissent note of the negotiators.

Modi govt’s Rafale deal cheaper than UPA’s, says CAG

The Comptroller and Auditor General said the weapons package negotiated by the Modi govt was cheaper than what was being offered to the UPA.

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Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

Su-57, the Russian 5th generation fighter aircraft Photo by Snehesh Alex Philip

Russia wants to build next generation tanks, submarines with India

As the second regiment of the S-400 Triumf air defence system starts getting delivered, Russia said it expects the serial production of AK 203 rifles in Amethi to begin in late 2022-early 2023.
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Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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