-The Times of India LUCKNOW: A Lucknow bench of Allahabad high court on Friday ordered the Central Bureau of Investigation (CBI) to probe into allegations of financial irregularities in MGNREGS in seven districts of Uttar Pradesh. Expressing displeasure over corruption in the scheme's implementation, the bench also directed the agency to hold preliminary inquiry into use of MGNREGS funds in other districts of the state. The court said the agency should conduct...

-The Times of India NEW DELHI: The government has accepted before Parliament's Public Accounts Committee that the findings of the Comptroller and Auditor General on UPA's Rs 52,000 crore farm debt waiver scheme were correct. The auditor in its test check had discovered large-scale irregularities where undeserving farmers were given waiver benefit - at least one-third of the total disbursement were found questionable. On Thursday, the PAC will meet here to give...

-The Times of India NEW DELHI: The Delhi high court on Monday gave nod to the comptroller and auditor general (CAG) to audit the accounts of private telecom companies. CAG got the crucial assignment after getting the mandate to audit power distribution companies from the Arvind Kejriwal-led Delhi government. A bench of justices Pradeep Nandrajog and V Kameswar Rao permitted the top accounting body to conduct audit of private telecom companies under the...

-The Times of India NEW DELHI: After getting the mandate to audit power distribution companies from Arvind Kejriwal led Delhi government, the comptroller and auditor general may well get another crucial assignment on Monday, if the Delhi high court agrees with its stand. HC is expected to deliver a landmark verdict to decide if CAG has the jurisdiction/powers to audit accounts of private telecom companies. A division bench of Justice Pradeep Nandrajog...

-The Business Standard Says electronic payments can help manage fraud and leakage risks in government payment programmes The role that technology plays in the economy has become so integral that it can't be ignored, said a recent report by the World Bank. According to the report, electronic payments can save over one per cent of India's gross domestic product (GDP). "Cash may still be king at times, but compared with electronic payments, cash...