The report will be made available to all States Union Rural Development Minister Jairam Ramesh on Thursday said his Ministry would make available to States the details of audit by the Comptroller and Auditor-General into rural development expenditure. “There was some ambiguity on this. I do not want any ambiguity whatsoever. All rural development expenditures of the Central government will be subjected to CAG audit in all States. I have had three...

In planning, pursuit of profit was not seen as being in the social interest in the post-Independence years, but now profit is the sole motive. FOR two decades now the Government of India has pursued a policy of accelerated liberalisation, dismantling controls, diluting regulations and making the state a facilitator of private investment. It is not that the presence of the state has diminished during this period, but that its role...

The Nuclear Safety Regulatory Authority Bill is a first step towards granting functional autonomy to the country's nuclear regulator. THE true independence and functional autonomy of the existing Atomic Energy Regulatory Board (AERB) has been questioned for long. The issue gained further importance in recent months after it was raised in many quarters in the wake of the Fukushima nuclear disaster in March in Japan. To allay public fears as...

-The Telegraph   The Comptroller and Auditor General (CAG) has slammed the petroleum ministry for failing to take back 25 per cent of the acreage of the KG-D6 oil and gas block off the Andhra coast from Reliance Industries after it reneged on its drilling obligations. The long-awaited report from the CAG based on a detailed performance audit of the country’s hydrocarbon production sharing contracts was tabled in Parliament today. The nation’s auditor surprisingly...

-The Hindu Business Line   Over 56 per cent of Indian farmers are not aware about the maximum retail prices (MRP) of fertilisers they buy, while 45 per cent fork out more than the MRP and 59 per cent face problems in getting their season's full requirement in time. These are the startling findings of a countrywide survey of 5,498 farmers conducted by field audit teams of the Comptroller and Auditor General...