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CAG picks holes in coal auctions -Anupam Chakravartty

-Down to Earth The report highlights that there are inaccuracies and inconsistencies in valuation of auctioned mines In a report tabled in the monsoon session of the Parliament, the Comptroller and Auditor General (CAG) of India states that despite auctions, multiple bids by corporate groups through joint ventures or subsidiaries did not ensure that potential level of competition had been achieved in the first two tranches. The report highlights that there are...

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NGOs have to register with NITI Aayog for grants -Anuradha Raman & Puja Mehra

-The Hindu New Delhi: Stepping up its scrutiny of NGOs, especially their financial dealings, the Centre has made obtaining unique identification numbers and registering them on the NITI Aayog portal, including the details of the Aadhaar and PAN numbers of all their trustees and office- bearers, mandatory for them to apply for grants from any ministry. The decision was taken by the Aayog at its meeting on May 9, which Prime Minister...

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CAG audit nails Centre’s claim on LPG subsidy saving -Josy Joseph and TCA Sharad Raghavan

-The Hindu The audit has also found substantial systemic problems with the direct benefit transfer in LPG scheme, called Pahal by the government. The Centre claims it would end up saving almost Rs. 22,000 crore in the financial years of 2014-15 and 2015-16 since launching its two-pronged approach on cooking gas subsidy — introducing direct bank transfers of the subsidy and asking better off consumers to voluntarily give up theirs. However, a CAG...

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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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Govt strikes out 1.6 cr bogus ration cards, to save Rs. 10,000 cr

-PTI New Delhi: The Government has eliminated 1.6 crore duplicate and bogus ration cards that will help save about Rs 10,000 crore in subsidy bill annually, said Finance Secretary Ashok Lavasa. In addition, the Government has saved Rs 14,872 crore by offering subsidy on cooking gas (LPG) directly to consumers and direct benefit transfer is planned to be extended to 150 schemes by the end of this year, he told PTI here. DBT...

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