-The Hindustan Times Indian taxpayers may have lost as much as Rs. 3.8 lakh crore in scams in the power, aviation and coal sectors over the past eight years, the country's state auditor said in reports tabled before Parliament. The Comptroller and Auditor General charged the government with allotting coalfields and land for power projects and Delhi’s airport to private firms at a fraction of the market price, bringing the corruption issue...

-Yahoo.com The Comptroller and Auditor General on Friday tabled three reports -- on power, coal and airports -- in Parliament, almost indicting the UPA government for allegedly 'causing' a loss of more than Rs 1.86 lakh crore to the exchequer. The report has also lambasted the government for favouring private companies who benefitted from such 'largesse', giving the opposition parties a lot of fodder to them to hit out at the government...

-PTI Parliament's Public Accounts Committee will soon decide on taking up the three CAG Reports on coal blocks, Delhi international airport and power projects tabled in Parliament today. "The time will be decided to take up the reports shortly and future course of action will be decided as per rules," PAC chairman and BJP leader Murli Manohar Joshi said here. He said the committee will seek necessary documents from the various ministries. "...Witnesses...

A team of auditors from the Comptroller and Auditor General (CAG) of India will travel on select trains originating and terminating at Sealdah and Howrah stations to ascertain whether their introduction was at all necessary. Nearly all these trains were introduced by Mamata Banerjee during her tenure as railway minister between 2009 and May 2011. According to sources in the CAG, this exercise is part of a thematic review on 'Introduction of...

-The Hindu The CAG, after completing this month a detailed ‘internal appraisal’ of two of its most high-profile reports, has not just stood by its findings “regardless of media comments and the statements made by senior functionaries of the government,” but also substantiated them, citing additional crucial events. The internal assessment has been done on its reports on the 2G spectrum scam of November 2010 and Civil Aviation (Air India) of September...