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Tuesday, March 26, 2024
TopicCAG

Topic: CAG

Modi tasks CAG with developing ‘innovative’ ways to check fraud in govt departments

Part of PM Modi's $5 trillion-economy plan is to have the CAG transform into a think tank that focuses on big data analyses.

It’s time to forget the 3% target for fiscal deficit

There's no great virtue in stipulating that 3% of GDP is the desired level of fiscal deficit. India, with its faster economic growth rate, can cope quite well on all indicators with a higher deficit.

Is CAG the right model to make CBI more independent and efficient?

Chief Justice Ranjan Gogoi said the CBI should be given the statutory status similar to the Comptroller and Auditor General.

CAG indicates real fiscal deficit for FY19, FY20 could be 1.5-2% points above govt estimate

The real fiscal deficit number will change if the off-budget borrowings made by govt and flagged by CAG are taken into account.

As Chennai water woes mount, here’s the audit report Tamil Nadu govt wanted buried

The word ‘failed’ appears 38 times and ‘failure(s)’ 41 times in the CAG report on 2015 Chennai floods – it was a manmade catastrophe.

Under Modi’s ‘swadeshi’ govt, PSU maharatna BHEL saw market cap sink 55% to Rs 26,864 crore

Faulty diversification, expanded workforce & changing requirements of market forces are blamed for sharp deterioration in BHEL’s fortunes.

Vinod Rai found fault with coal allocations where it existed, and where it didn’t

By going to the media, Vinod Rai set a precedent for other CAGs to make their reports a public spectacle.

CAG report pokes holes in UPA-era deal for Pilatus trainer aircraft for IAF

The controversial Rs 2,895.63 crore deal for 75 Pilatus basic trainer aircraft is already under the scanner of the CBI.

Buying complex weaponry is no easy business, but Rafale shows India’s process is broken

It takes 8-10 years for a selection process to be carried through while the defence services wait. Indeed, in the end, there may be no acquisition at all.

France takes responsibility for 36 Rafales, says nothing stronger than Letter of Comfort

The CAG report tabled in Parliament Wednesday had flagged the 'drawbacks' of a Letter of Comfort compared to a sovereign guarantee.

On Camera

3 survey results that tell us what Indians think about democracy — and it’s not a simple story

The search for a permanent and coherent popular meaning of democracy is futile. The Pew report underlines this ever-evolving tendency of popular democracy in the Indian context.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

India deploys 11 submarines, a first in nearly three decades 

This deployment by the Indian Navy Friday is a stark contrast to the submarine history of the last two decades that has seen the arm hit by dwindling strength, accidents and write-offs.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.