CAG has flagged cost of Rs 250 crore per km for Dwarka Expressway, up from Rs 18.2 crore per km approved by Cabinet Committee on Economic Affairs. Road ministry claims '12% savings'.
In report on PSUs tabled in Parliament, auditor says Hindustan Aeronautics Ltd did not plan design and development activities properly, nor did it envisage the associated risks.
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'.
Public Accounts Committee pulls up railway ministry for failing to implement its own 2013 directions on digging work near cables, says staff shortage not a valid reason.
Tabled in Parliament Tuesday, Comptroller & Auditor General report also flagged a huge backlog in renewal, replacement of ‘over-aged assets’ critical for safe running of trains.
These parks managed only 30% of targeted employment generation & half of projected investments. Major reasons for poor show were delays in statutory clearances, & land allotment issues.
Deputy CM Devendra Fadnavis says report, tabled in Maharashtra assembly, will be submitted to legislature's Public Accounts Committee & action will be taken if any corruption is found.
CAG's Audit showed that of 178 high-priority Mission Mode projects, in 119, the original time-frames weren't adhered to & 'practice of seeking multiple extensions' defeated the purpose.
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.
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.
In India, we are accustomed to glacial change. We love appointing Committees to ‘look into’ reform. Unfortunately for us, the rest of the world moves fast.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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