-The Times of India The Comptroller and Auditor General (CAG) has asked the Uttar Pradesh government to ensure security of its officials who would start probe into the alleged financial irregularities into the National Rural Health Mission. The CAG office has writen a letter to UP chief secretary and the principal secretary, health and family welfare, expressing concern over the security of its probe team, comprising 50 auditors in addition to...
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Even PSU looted Games funds: CAG
-The Times of India It was not just private sector firms that made a killing out of the Commonwealth Games held last year. In a clear sign of how even public sector units viewed the Games as a windfall, the Comptroller and Auditor General has found that Electronics Corporation of India Ltd (ECIL) made huge profits out of its contract for Integrated Security System (ISS) for the Games. Given on a "nomination...
More »Vinod Rai, Comptroller and Auditor General (CAG) of India interviewed by Lola Nayar
The man in the hot seat, the Comptroller and Auditor General (CAG) of India says he’s never faced political pressure on any audit. The man in the hot seat, the Comptroller and Auditor General (CAG) of India, Vinod Rai, says he’s never faced political pressure on any audit. On the 2G scam, he says his report clearly says the “amount of loss can be debated”. And it was the petroleum...
More »Hawk On His Perch by Lola Nayar
Vinod Rai’s searing honesty in his job as the country’s CAG has the government in many a bind CAG Catch 1 2G Spectrum, 2010 The CAG audit over a six-year period from 2003 finds loopholes in the implementation of norms, leading to DoT allocating spectrum at 2001 prices. Estimated loss to exchequer: the now-household figure of Rs 1.76 lakh crore. Outcome Former telecom minister A. Raja, MP Kanimozhi, telecom and...
More »CAG gets a say in NREGS social audit by Subodh Ghildiyal
The Centre will give CAG a place in social audit of rural job scheme and direct the states to set up directorates to train auditors from civil society. A nominee of CAG would be present in social audits that gram sabhas would conduct twice a year. CAG would also do an annual audit as part of its mandate. Coupled with the rigour of CAG's accounting, the exercise would also bring in...
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