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'.
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.
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'.
While there has been considerable progress in developing a robust industrial ecosystem for defence production in India, the limitations are obvious, writes Debabrata Chatterjee.
Main reasons for cost overrun include changes in design specifications & user requirement, rise in foreign exchange variation & procurement of additional spares, says audit watchdog.
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.
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.
Centre expected to raise Rs 65,000-cr through disinvestment & privatisation of state-run firms this financial year. Govt official says move aimed at ensuring resources aren't wasted.
Report says institute not eligible for Rs 48.90-cr tax exemption, mentions ‘exorbitant fees’, ‘violation of not-for-profit motive’. IIM justifies finances, says it's exempt under IT Act.
Representation signed by 65 legal professionals urges CAG to probe allegations since it involves 'misuse of public funds & assets by Telangana govt, overlooking procedure & propriety'.
Ever since the Love Is Blind: UK episode dropped, there has been a collective meltdown online over the separation of Pakistan-origin Kal Pasha and Indian-origin Sarover Kaur Aujla.
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.
COMMENTS