-Scroll.in In 2018, the last year of Modi’s first term, the presentation of eight of the 17 audit reports was delayed by more than 90 days. In India’s parliamentary accountability system, the Comptroller and Auditor General of India plays an important role. However, while the general public has great faith in the CAG’s role as a watchdog of the state exchequer, ruling governments frequently delay audit reports from being presented in parliament...

-Centre for Financial Accountability blog The institution of Comptroller and Auditor General (CAG) in India is patterned on the British model. In Britain, The Exchequer & Audit Department Act of 1866 created the office of CAG with a view to strengthen democracy and exercise parliamentary control over national finances. The office of CAG came into being, thanks to the missionary zeal of William Gladstone who was Finance Minister at the time...

-The Tribune Need to readjust premium to favour farmers Insurance firms, both in the public and private sectors, have reportedly made a killing by offering crop insurance to farmers in about two dozen states. The Tribune reported abnormal gains by a dozen insurance firms through the Pradhan Mantri Fasal Bima Yojna (PMFBY). Insurers reportedly received a gross premium of Rs 22,362 crore under the scheme in 2016-17 and saved huge sums even...

-Frontline.in Four years after Prime Minister Narendra Modi’s announcement of the Namami Gange project, the river remains as dirty as ever. WHILE in Varanasi to file his nomination papers for the 2014 Lok Sabha election, Narendra Modi, then the Bharatiya Janata Party’s (BJP) prime ministerial nominee, had declared with his characteristic bravado, “I have not come here on my own. I have been invited by mother Ganga.” He said it was his...

-Frontline.in The Assembly elections have put under intense scrutiny Narendra Modi’s Gujarat model of development which is touted as worthy of replication throughout the country. Audit reports of the CAG provide ample evidence of it being inefficient, corrupt and not beneficial to the common people. THE standard indicators of development, as is understood in theory and practice, comprise a range of indices, and not necessarily the level of private investment in...