-The Economic Times The Comptroller and Auditor General of India (CAG), in its performance audit of the Atomic Energy Regulatory Board (AERB), highlighted deficiencies such as less effective regulatory control on medical x-ray units and lack of inspection of few types of radiation sources that have greater hazard potential, among others. These need urgent correction. CAG should not have offered advise on the possible structure and constitution of a regulatory body when...
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RIL wants offshore gas fields audit to be kept secret, CAG says no -Subhomoy Bhattacharjee
-The Indian Express Sharp differences have emerged between the Comptroller and Auditor General (CAG) and Reliance Industries Ltd (RIL) over the scope of an audit into the production sharing contract between the company and the government for RIL’s off-shore gas fields. RIL had set two conditions: the audit should maintain the confidentiality arrangement between it and the government; and the scope of the audit should be restricted to accounting procedures of the...
More »CAG reports are objectively prepared: Vinod Rai
-The Times of India Comptroller and auditor general Vinod Rai on Monday defended his audit reports and said they were carried out with objectivity and in a professional manner. "To ensure that our professional and personal conduct is above reproach, we have adopted a code of ethics comprising the general ethical requirements of integrity, objectivity, professional secrecy and competence," he said addressing an accountants general (AGs) conference in the Capital. The three-day conference...
More »Flunking Atomic Audits-MV Ramana
-Economic and Political Weekly The recent Comptroller and Auditor General's report on the Atomic Energy Regulatory Board and, more broadly, on nuclear safety regulation has highlighted many serious organisational and operational flaws. The report follows on a series of earlier CAG reports that documented cost and time overruns and poor performance at a number of nuclear facilities in the country. On the whole, the CAG reports offer a powerful indictment of...
More »Funding at a snail's pace-Himanshu Upadhyaya
-India Together All the increased budgets for education in the country may not amount to much, if the States don't move the money fast enough to the intended uses, which is not happening now. Himanshu Upadhyaya reports. The Comptroller and Auditor General's recent performance review of elementary education in Tripura has once again brought to our attention prolonged delays in release of funds meant for schools. The performance review, of accounts spanning...
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