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Expenditure on freebies not transparent: Report

-The Hindu The government incurred an expenditure of about Rs. 5,049 crore in 2014-15. Chennai: The State’s accounting of expenditure on freebies is not clear and does not transparently disclose the nature of details, said the Comptroller and Auditor General of India (CAG) report for the year ended March 2015. The report pointed out schemes like free distribution of laptops, marriage assistance schemes, free supply of grinders, mixies, fans, Chief Minister’s Comprehensive Health...

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CAG differs with Oil Ministry on calculation of estimated LPG subsidy savings -Tito Das

-The Hindu Business Line New Delhi: The Comptroller and Auditor General of India has found the estimated savings on account of Direct Benefit Transfer of LPG in 2015-16 to be lower than that of the Ministry of Petroleum and Natural Gas, primarily because of the differences in assumption of key variables. In a report titled ‘Implementation of PAHAL (DBTL) Scheme’ tabled in the Lok Sabha on Friday, the CAG found that the...

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Prashant Bhushan, founder of Swaraj Abhiyan, speaks to Vrinda Gopinath (thewire.in)

-TheWire.in Swaraj Abhiyan founder Prashant Bhushan discusses the Essar tapes and other scams, the role of whistleblowers and his fallout with Arvind Kejriwal. Celebrated lawyer-activist Prashant Bhushan has just notched up another victory with the Supreme Court-appointed panel decreeing there was prima facie evidence that former CBI director Ranjit Sinha had attempted to influence the investigation into the coal block allocation scam under the then UPA government. The court’s observation was based...

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Lax norms linked to banking fraud: CAG

-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...

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Additional days of work available under MGNREGS not taken up in drought hit states

Two back-to-back reports that shed light on the status of MGNREGA implementation in the country, have been released recently from the Ministry of Rural Development (MoRD). A review of MGNREGA implementation in 8 different states of India by a team of experts during the month of May this year reveals that in many of the drought affected districts, the Gram Panchayats have no work to offer under the programme. (Please click...

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