Social audit is an important tool not just to ensure transparency and accountability in the MGNREGS, but also for successful running of the programme. The MIS (Management Information System) data provided by the website www.nrega.nic.in reveals that at the national-level roughly one-third of all districts were covered under social audit during the financial year 2015-16, as on 26 March, 2016. The top 5 states during 2015-16 (FY) in terms of the...
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Parliament passes Aadhaar Bill amid acrimonious debates -Smita Gupta and Puja Mehra
-The Hindu Rajya Sabha returns Aadhaar Bill to Lok Sabha with Opposition amendments . Even as the Opposition aired its concerns over the possibility of mass surveillance, Parliament passed the controversial Aadhaar Bill, 2016, after acrimonious debates in both Houses. In a day marked by high drama, hours after the Opposition succeeded in pushing through five amendments to the Bill in the Rajya Sabha, they were rejected in the Lok Sabha. The amendments...
More »Telcos cheated government of Rs 12,400 crore: CAG
-The Times of India NEW DELHI: The Comptroller and Auditor General (CAG) has claimed that six major telecom companies - Reliance Communications, Tata, Airtel, Vodafone, Idea and Aircel - have allegedly understated gross revenue of over Rs 46,000 crore for a period between 2006-07 and 2009-10 and denied the government its share of income which has been estimated at more than Rs 12,400 crore. Different from its earlier report on the 2G...
More »Be cautious on new accounting system: CGA -TCA Sharad Raghavan
-The Hindu The new method provides a more accurate picture of a company's financial position. It is also more complex, expensive and time-consuming. The Controller General of Accounts has asked the government to be careful in adopting the accrual method of accounting considering the costs involved as only a few of its departments can benefit. “We should tread this subject in a careful manner. There is no such thing as a big-bang approach....
More »‘India budget weak in public participation; limited in transparency’ -Karnika Bahuguna
-Down to Earth The country’s performance in terms of public participation and budget oversight by the legislature was rated “weak” in the survey As Union Finance Minister Arun Jaitley gears up to present the Union Budget 2016-17 (April-March), it is worth noting that an international survey of budgets of over a 100 countries points out that India provides “limited” budget information in the public domain. The Open Budget Survey 2015, released by the...
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