-The Times of India Two days after Prashant Bhushan and Arvind Kejriwal alleged that realty major DLF gave properties to Robert Vadra at grossly undervalued rates, Left parties on Monday demanded a probe into the dealings of the companies. About the delayed response, a senior CPM leader said, "Why should we react until we have ascertained facts? Moreover, all senior leaders were away in various parts of the country." The CPM politburo...

-The Times of India Comptroller and auditor general Vinod Rai on Monday defended his audit reports and said they were carried out with objectivity and in a professional manner. "To ensure that our professional and personal conduct is above reproach, we have adopted a code of ethics comprising the general ethical requirements of integrity, objectivity, professional secrecy and competence," he said addressing an accountants general (AGs) conference in the Capital. The three-day conference...

-Economic and Political Weekly The recent Comptroller and Auditor General's report on the Atomic Energy Regulatory Board and, more broadly, on nuclear safety regulation has highlighted many serious organisational and operational flaws. The report follows on a series of earlier CAG Reports that documented cost and time overruns and poor performance at a number of nuclear facilities in the country. On the whole, the CAG Reports offer a powerful indictment of...

-The Times of India The government on Thursday seized upon Supreme Court's ruling that auctions are not mandatory for allocating natural resources as a validation of its stand against the comptroller and auditor general's (CAG) findings in the 2G spectrum and Coalgate cases. Talking to media after the verdict, telecom minister Kapil Sibal and law minister Salman Khurshid welcomed the judgment, suggesting it had vindicated the government's position. Sibal said all constitutional authorities...

-The Times of India The Planning Commission may drop reference to crony capitalism in the plan document after protests from some ministers who are of the view that any mention would be a tacit acknowledgment of the existence of the practice. Besides, it has suggested "transparent auction" of natural resources as the solution, something that the government is not willing to accept as the one-size-fits-all approach for all sectors. Apart from crony capitalism,...