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CAG INDEPENDENCE CONCERNS
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...- Delhi excise policy caused Rs 2,002 crore loss, PAC report tells AssemblyDelhi's former excise policy has been declared a total failure by a Public Accounts Committee report. The policy, implemented by the Aam Aa...
- CAG flags governance issues among central public sector enterprisesThe CAG flagged corporate governance lapses in CPSEs, noting that 26 of 71 listed firms had improper board composition, 55 lacked independe...
- SC notice to Centre on PIL over CAG appointmentsThe Supreme Court has issued a notice to the Central government regarding a plea for an independent, neutral process for appointing the Com...
- As Blue Economy gains primacy, so will its audit: CAG Murmu“As the Blue Economy gains primacy, so will its audit,” CAG Murmu said, highlighting the need for a new policy framework and audit. The CAG...
- CAG questions govt’s capital allocation to state-run banksThe government has been reluctant to give capital to banks that have performed poorly, reasoning capital should go to those who can use it ...
- Modi government tells Supreme Court not to encroach on executive domainThe Modi government curtly told the SC not to encroach into executive's domain and suggested that judiciary would do better by devising way...
- Vinod Rai: CBI can't be as autonomous or independent as CAGRai said that the control structure of CBI makes it vulnerable to becoming an "easy game" for various allegations and speculations.
- CAG flags violation in directors' appointment by fertiliser PSUsAs per DPE guidelines, at least one-third board members of Central Public Sector Enterprises should comprise of independent directors.
- CAG begins audit on government role in fixing oil and gas pricesCAG begins audit on govt’s role in fixing oil and gas prices, particularly from Reliance Industries, to various consumers with an aim to as...
- Accord constitutional status to CBI, CVC: CAGThe CAG had brought to light various corruption-related issues with regard to allocation of 2G spectrum, coal blocks, conduct of Commonweal...
- CAG pulls up ONGC for not putting adequate efforts in oil and gas explorationCAG has pulled up state-owned ONGC for not placing desired emphasis on discovering oil and gas and being tardy in monetizing its discoverie...
- Coalgate: Jaiswal to surrender pricing powers to an independent regulatorThe appointment of a regulator would make the system more transparent & accountable; would be a strong deterrent for malpractices in the se...
- Anna Hazare campaign for strong Lokpal Bill not to impact Congress prospects in polls: A K AntonyThe anti-corruption campaign led by Anna Hazare would not adversely impact Congress prospects in five poll bound states, A K Antony said.
- CAG for autonomy to DGH; arm's length relation with Oil MinistryCAG said that DGH should be given autonomy in discharging regulatory functions while working at arm's length with the oil ministry.
- Do soul searching, improve business practices: CAG tells India IncConcerned over ethical deficit among corporates, CAG on Friday asked India Inc to do some "soul searching" and improve business practices.
- PSU directors' selections to be simpler, time-boundThe government is making the procedure of the appointment of independent directors in PSUs simpler and time-bound.
- TDSAT declines relief to GSM operators on CAG auditIn a blow to GSM operators, who have been demanding that auditor CAG be stopped from vetting their account books, tribunal TDSAT has declin...
- Why not appoint us as super regulator, asks CAGThe country’s supreme auditor has pitched itself as a super regulator of sorts, amid the din generated by an open spat between insurance an...
- Obama asked to inquire into "pro-Hindu" groups' Indian linkA rights watchdog has asked US President-elect Barak Obama to closely scrutinize the linkages of "pro-Hindu" groups with communal forces in...
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