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CAG PERFORMANCE AUDIT
India, Israel sign MoU to strengthen cooperation in public sector auditingIndia's Comptroller and Auditor General and Israel's Supreme Audit Institution have inked an MoU to boost public sector auditing cooperatio...- CAG, Israel's apex audit body ink info exchange pactIndia's CAG and Israel's State Comptroller have inked a pact to boost public sector auditing through knowledge sharing and best practices. ...
- Designer subsidies must be the fashionThe Comptroller and Auditor General of India has issued a cautionary note regarding the surging state subsidies that are beginning to weigh...
- Supreme Court pulls up Centre over food safety failures, seeks auditThe Supreme Court has directed the Centre and the Food Safety and Standards Authority of India to explain why a nationwide performance audi...
- Dish TV FY26 loss widens as subscription revenue shrinks amid OTT pressureDish TV India faced a significant financial setback in FY26, reporting a wider consolidated loss. Subscription revenue saw a sharp decline ...
- CAG for social audits of NGOs, rural bodiesSocial audit involves auditing of various schemes by non-governmental organizations and local bodies, other than the government auditor.
- CAG to audit 88 topics in FY 15; officials believe target is ambitious but Vinod Rai says it's manageableThe CAG has selected more than 88 topics for conducting performance and thematic audits of central govt’s plans in the current financial ye...
- Reliance Industries cooperating unconditionally with CAGRIL agreed to provide access to all records and cooperate unconditionally with CAG for audit on its spending in flagging KG-D6 gas fields.
- Oil Min asks RIL to provide records for CAG audit'RIL has responded that the pending information was being collected and would be provided when it was ready.'
- Oil Ministry asks CAG to start RIL-operated KG Audit immediatelyThe government has accepted RIL’s contention that in this case CAG would conduct the audit on behalf of the oil ministry.
- CAG to restart RIL audit this month: Oil SecretaryRIL had previously stated that CAG cannot contractually perform a performance audit on it and PSC only provides for a government appointed ...
- CAG to restart RIL audit by next month: Oil SecretaryThe CAG is likely to re-start audit of Reliance Industries' spending on the KG-D6 gs block early next month.
- RIL says not obliged to provide past year documents to CAGReliance Industries has said it is not obliged to provide CAG full access to documents relating to years that are not under audit.
- CAG to begin KG-D6 audit on January 9CAG officials are scheduled to reach RIL's Navi Mumbai office on January 9 to begin the scrutiny, sources privy to the development said.
- CAG agrees to confine audit to financial scrutiny of RIL's KG-D6 blockThe CAG has agreed to restrict its audit of ' KG-D6 block to financial scrutiny of the spendings on the flagging gas fields, a senior gover...
- RIL agrees to CAG scrutiny of expenses in KG-D6 gas blockRIL, however, says contractually there was no scope for CAG doing a performance audit and the scrutiny should be strictly a financial audit...
- Never contested CAG auditing KG-D6 spends: Reliance IndustriesReliance says it does not challenge CAG's rights; appreciates auditor does not conduct performance audit of private operators.
- Reliance Industries contests CAG's powers to audit KG-D6 fieldAs an alternative, RIL suggested appointment of any auditor other than CAG as the government's representative to conduct an audit.
- Government plans to meet key demand of RIL, BG and Cairn India; may restrict CAG’s scrutinyThe government plans to restrict CAG's scrutiny of private oil and gas fields to financial matters instead of a full-fledged performance au...
- CAG seeks powers to evaluate performance of SEBI, TRAI , IRDACAG is seeking to widen the scope of its powers to audit the performance of regulators such as Sebi, Trai and Irda
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