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CAG REPORT ON GOVERNMENT LOANS
CAG report: Green India Mission falls short by 98% in forest cover targets, citing mismanagementThe CAG highlighted the Green India Mission's significant failure to achieve forest cover targets. Observed forest cover increase fell shor...
Debt grows slower than GDP, CAG says; revenue lapses persistGovernment debt servicing remains positive, with loan accumulation below GDP expansion. However, irregularities worth ₹603 crore were found...
CAG flags Rs 25,085 crore tax effect from 1,902 assessment lapsesThe CAG identified 1,902 tax lapses involving over twenty-five thousand crore rupees. These cases involved incorrect tax rates and faulty i...
Serious allegations in report on Messi event; government will investigate it: Kerala CM V D SatheesanAddressing a press conference after chairing a cabinet meeting, the CM said that the report was being seriously examined by the government.
Microfinance asset quality improves further as loans at risk fall to 2.3% in June: CRIFMicrofinance asset quality stress eased further in June, with portfolio at risk falling to 2.3 percent. Aggressive write-offs of bad loans ...
Cyber fraud crackdown: Centre blocks over 3,700 mobile apps, saves Rs 11,158 croreThe government has blocked 3,718 mobile applications by June 30, 2026. Over Rs 11,158 crore has been saved through 32.80 lakh fraud complai...
RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...
Parliamentary panel seeks details on Indian Railways' efforts to boost domestic bullet train capabilitiesA parliamentary committee seeks details on enhancing domestic bullet train component manufacturing. It also requested studies of successful...
CAG report flags fall in Delhi’s contribution to national GDPA CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-ta...
No proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj ChaudharyThe government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested ...
MP family gets response from UK debt office on Rs 35,000 loan given to British Empire during WWI in 1917; how much is it worth today, 109 years later?MP Man UK War Loan Claim: A 109-year-old war loan certificate has prompted an Indian family's renewed inquiry into a 1917 loan. The UK's De...
Ram temple donation row: SC urged to adjourn hearing on pleas due to unavailability of SGThe Supreme Court will consider deferring a hearing on alleged Ram temple donation embezzlement. This request comes from the Uttar Pradesh ...
Science ministry rejects conflict-of-interest claims in RDI fundMinistry officials defended the Research, Development and Innovation Fund selection process. They stated that conflict of interest guidelin...
CAG flags Rs 42 crore power subsidy to dormant consumers in Delhi, questions targeting of schemeCAG flagged Delhi government's power subsidy scheme irregularities and questioned beneficiary targeting. Over Rs 42 crore was disbursed to ...
RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan StanleyThe Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial c...
DOGE overstated savings on federal 'receipts' website, auditors findFederal auditors found Elon Musk's government efficiency savings claims inaccurate. Many reported savings were for actions already underway...
CreditAccess India sells 2.28% stake in Grameen to offer investors liquidityCreditAccess India, the promoter of India’s largest pure-play microfinance lender CreditAccess Grameen, has sold a 2.28% stake through bloc...
West Bengal govt failed to protect tribal interests in mining land acquisition, says CAG reportThe CAG has flagged the West Bengal government's failure in safeguarding tribal interests. Land acquisition for mining projects resulted in...
High dropouts, teacher crunch and fund gaps cripple Samagra Shiksha in West Bengal: CAG reportA CAG audit has flagged major gaps in the implementation of the Samagra Shiksha scheme in West Bengal, citing high dropout rates, acute tea...
No plan to change law to implement CAG recommendations: GovernmentIn a written reply, Law Minister Arjun Ram Meghwal also said measures have been taken to improve legal compliance and accountability regard...