Majority of the PAC members decline to sign it The fate of the report of the Public Accounts Committee (PAC) of the Goa Assembly headed by the Leader of the Opposition Manohar Parrikar (BJP), which has reportedly indicted the government agencies and blamed the nexus of politicians in power and bureaucrats for illegal mining, will be decided by Speaker Pratapsinh Rane on Friday, the last day of the brief session of...
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A big loss
-The Indian Express The Comptroller and Auditor General of India is being increasingly questioned, as reports emerge about the divisions within the agency on calculating the loss to the public exchequer from the 2G licencing process. The CAG shot for drama in its high-profile press conferences, in which eye-catching numbers were trumpeted that became firmly ensconced in our collective memory. The 2G report was brandished triumphantly, like a World Cup trophy,...
More »CAG's initial 2G loss figure was Rs 2645 crore: RTI
-IBN Fresh controversy is set to erupt over Comptroller and Auditor General (CAG) Vinod Rai's loss estimates on the 2G spectrum sale. CAG documents accessed through Right to Information Act (RTI) by accused show that CAG overruled its own Auditor on 2G loss calculation. According to Director General Audit (Post & Telecommunications) RP Singh the issue of Unified Access Service (UAS) licences and allotment of 2G spectrum caused a loss of Rs...
More »Smart card: A solution for public distribution system problem by Anil Swarup
The government of India's Rashtriya Swasthya Bima Yojana (RSBY)a¦ is now internationally recognised for its innovative approach to harnessing information technology to reach the poor, says the World Bank in the context of the smart card-based cashless health insurance scheme. The RSBY has now been picked up by UNDP as one of the 19 schemes worldwide for its publication, Sharing Innovative Experience: Social Protection Floor Success Stories. About 20 million...
More »Aadhaar alone isn’t enough for a full-fledged bank account by Surabhi Agarwal, Remya Nair & Anup Roy
The finance ministry may have amended the Prevention of Money Laundering Rules, 2005, to notify Aadhaar as adequate to meet KYC norms for opening bank accounts, putting it alongside other identity proofs, but banks are still confused Is a unique ID number or Aadhaar number issued by the Unique Identification Authority of India (UIDAI) enough to satisfy the so-called know-your-customer (KYC) norms that banks have to ensure every account they open...
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