Comptroller and Auditor-General of India Vinod Rai on Monday appeared before the Public Accounts Committee (PAC) to give his views on the 2G spectrum allocation scam. Appearing before the 22-member committee, led by Murli Manohar Joshi, for about five hours, Mr. Rai is understood to have given details of how the CAG reached the figure of “presumptive loss” incurred by the exchequer due to irregularities in grant of licences and 2G...

Following up on his unprecedented offer, Prime Minister Manmohan Singh today wrote to the Public Accounts Committee probing the 2G spectrum allocation scam, expressing his readiness to appear before it. On a day when Comptroller and Auditor General (CAG) Vinod Rai, whose report projecting a presumptive loss of Rs 1.76 lakh crore to the exchequer in 2G spectrum allocation created a storm, appeared before the PAC, Singh made the offer in...

Report of presumed loss in radio waves allocation created a storm in Parliament JPC will delay the inquiry and politicise the matter, feels government Manmohan Singh has offered to appear before PAC if required Comptroller and Auditor-General (CAG) of India Vinod Rai will appear before Parliament's Public Accounts Committee (PAC) on Monday in connection with the 2G telecom controversy. The PAC has been examining the CAG's report of a presumed loss of Rs.1.76-lakh crore...

Amidst a high-pitched BJP campaign for a JPC probe into the 2G spectrum allocation scam, Comptroller and Auditor General (CAG) Vinod Rai is all set to appear before Public Accounts Committee (PAC). PAC is scrutinising the sensational CAG report, claiming massive irregularities in the telecom deal. Rai, according to sources, will depose before the PAC on Monday. Interestingly, PAC chairman Murli Manohar Joshi, a senior BJP leader, has started going about...

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...