There is no gainsaying that corruption breeds cynicism which undermines the democratic foundations of our polity. There is no gainsaying, too, that corruption results in a net shift of resources away from the poor. There can therefore be no two opinions about the need for controlling corruption through an appropriate lok pal bill. But the impression is unavoidable that the current hullabaloo about ‘corruption’ constitutes a case of mistaken identity:...
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CAG says in process of finalising report on KG-D6 gas fields
-The Economic Times Government auditor CAG today said it is in the process of finalising its report on Reliance Industries'sKG-D6 gas fields. Refuting allegation by theReliance Industries that it was not given enough time to respond to the audit observations, Comptroller and Auditor General of India Vinod Rai said, "We have given Reliance enough time to respond... it (the CAG report) is in the process of being final". Rai was responding...
More »Rural schemes to come under CAG ambit
Amid the furore over misappropriation of funds meant for development, the Comptroller and Auditor General (CAG) has proposed bringing all rural development programmes worth about Rs 90,000 crore under the ambit of the government auditor. Rural Development Minister Jairam Ramesh welcomed the proposition after he met CAG today to discuss the social audit of the government's flagship National Rural Employment Guarantee Scheme (NREGS) in all states. The minister said the matter would...
More »Ombudsmen of states on NREGA failed, need central body: Jairam
It was in 2009, the Central Government directed the state governments to set up offices of Ombudsman to ensure transparency and accountability in implementation of the NREGA Act. Ramesh said he wanted to "build a system for a tighter financial accountability" in implementation of all the flagship programmes of the Ministry including NREGA, PMGSY, NRLM etc and would consult Comptroller and Auditor General (CAG) Vinod Rai in this regard on...
More »Now, The Oil Stain by Lola Nayar
By exposing its lesser arm, is the petromin hiding bigger sins? Petro Fallout * Murli Deora, who as petroleum minister sought the CAG audit and sanctioned a CVC probe, offers to quit his ministerial post * CBI action reinforces CAG draft report findings blaming DGH for oversight in implementation of production-sharing contracts * Unease in market, as yet another CBI probe into charges of DGH having favoured RIL in its...
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