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...

The government will set up statelevel independent bodies to carry out financial and social audits of its flagship rural employment guarantee programme, which critics say is riddled with corruption. The rural development ministry will also make it mandatory for state governments to submit a report on the social audit, which unlike other government audits, allows beneficiaries of the scheme to register complaints. The move to increase transparency in the Mahatma...

The CBI search at V K Sibal's residence on Friday is likely to bring into the open a number of controversies that have surrounded the office of the directorate general of hydrocarbons (DGH) and the ministry of petroleum and natural gas in the two tenures of the UPA government. The searches were a tipping point in allegations against Sibal, a former director general of hydrocarbons whose tenure started in 2004 under...

Has civil society gone beyond its remit by refusing to back down on the issue of tackling corruption? The answer to that depends on which side of the on-going debate on the Lokpal Bill you are on. If you are with the civil society activists, then the question just does not arise. For too long has the government dragged its feet on the Lokpal Bill and civil society is entirely...

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...