-Hard News While Narendra Modi's apologists will selectively quote from the latest CAG audit report on state finances that revenue earning has registered an upswing, they will compulsively forget that "the fiscal deficit of Rs 11,027 crore in 2011-12 was met out from a net borrowing of Rs 15,083 crore". The CAG has remarked that "an increase of 41 per cent in the market borrowing in 2011-12 over previous year for...
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Irregularities in implementation of national rural employment scheme: CAG audit report -Swati Mathur
-The Times of India LUCKNOW: The Comptroller and Auditor General of India tabled the second Performance Audit of the Mahatma Gandhi National Rural Employment Guarantee Act in Parliament on Tuesday. The first Performance Audit was undertaken in 2007-08. The period of coverage of the first audit was February 2006 to March 2007. The present Performance Audit of the implementation of MGNREGA was taken up in response to a request from the ministry...
More »Government auditor's (CAG) report says funds bungled in flagship rural employment scheme-Shamik Ghosh
-NDTV Employment under the Mahatma Gandhi National Rural Employment Guarantee Act or MNREGA has declined, while Rs. 128 crore have been misused and work worth a staggering Rs. 4000 crore is incomplete, the government's auditor has alleged in its review of the rural job scheme that the Congress-led UPA government counts as one of its most significant achievements in the last nine years of rule at the Centre. In its report...
More »Odisha Govt Extended Undue Benefits to Posco: CAG
-Outlook Bhubaneswar: The Comptroller and Auditor General (CAG) has found Odisha Government of extending undue benefits to South Korean steel major Posco in allotment of a piece of land in the state capital here. "The company was extended undue benefit in allotment of land disregarding zonal regulation and charging of premium at a reduced rate," the CAG in its latest report tabled in the Assembly yesterday said. The CAG observation was made based...
More »CAG picks holes in Narendra Modi’s Gujarat development plan -Ajay Umat
-The Times of India AHMEDABAD: At a time when NarendraModi's development model is under national spotlight, the Comptroller and Auditor General (CAG) has criticized his government in Gujarat for imprudent fiscal management. It has underlined a need for greater professionalism and accountability in the functioning of the government and asked it to be more alert and responsive. The national auditor has said the state government has incurred 41% higher debt than the...
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