-The Telegraph   The Comptroller and Auditor General (CAG) has slammed the petroleum ministry for failing to take back 25 per cent of the acreage of the KG-D6 oil and gas block off the Andhra coast from Reliance Industries after it reneged on its drilling obligations. The long-awaited report from the CAG based on a detailed performance audit of the country’s hydrocarbon production sharing contracts was tabled in Parliament today. The nation’s auditor surprisingly...

The government's auditor has accused Mukesh Ambani's Reliance Industries Ltd of violating terms of the contract for its showcase Andhra offshore acreage and expressed doubt over the costs at which India's biggest private sector oil company contracted goods and services for bringing the largest gas discovery into production. The Comptroller and Auditor General's final report on a special audit of Reliance's Krishna-Godavari basin fields, presented to Parliament on Thursday, also suggests...

Interview with social activist and Team Anna member Arvind Kejriwal. THE organisational abilities of Arvind Kejriwal exhibited during the recent Jan Lokpal Bill movement earned him the sobriquet “Field Marshal of a peaceful agitation”. The social activist and Ramon Magsaysay Award winner played a significant role in conceiving the slogans, the symbolism and the trajectory of the movement. He is credited with anticipating some of the moves of the government...

-The Times of India   Picking holes in some decisions made by the home ministry, the Comptroller and Auditor General of India has pointed out that the ministry had incurred an "avoidable expenditure" of more than Rs 9 crore by flying helicopters from Delhi to the North-East and Jammu and Kashmir to aid its troops deployed in operations. Besides, it has also rapped the ministry and its police wireless wing for incurring an...

In the backdrop of the Comptroller and Auditor General's scathing reports on award of 2G telecom licences and projects related to the Commonwealth Games, an extra-cautious Ministry of Home Affairs is seeking the audit of the processes of the proposed Rs 30,000-crore housing project for the paramilitary forces by the country's statutory auditor. This would be the first instance of pre-award scrutiny by the CAG. "We have received the reference,"...