The man in the hot seat, the Comptroller and Auditor General (CAG) of India says he’s never faced political pressure on any audit. The man in the hot seat, the Comptroller and Auditor General (CAG) of India, Vinod Rai, says he’s never faced political pressure on any audit. On the 2G scam, he says his report clearly says the “amount of loss can be debated”. And it was the petroleum...
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Hawk On His Perch by Lola Nayar
Vinod Rai’s searing honesty in his job as the country’s CAG has the government in many a bind CAG Catch 1 2G Spectrum, 2010 The CAG audit over a six-year period from 2003 finds loopholes in the implementation of norms, leading to DoT allocating spectrum at 2001 prices. Estimated loss to exchequer: the now-household figure of Rs 1.76 lakh crore. Outcome Former telecom minister A. Raja, MP Kanimozhi, telecom and...
More »Government cold to CAG's quest for new powers by Siddharth Varadarajan
The United Progressive Alliance government may have shown a willingness to draft a new Lokpal Bill, but it is dragging its feet on a proposal to strengthen the public institution that has done so much to expose wrongdoings in public life: the Comptroller and Auditor-General (CAG). For the past two years, the CAG has been pushing the Finance Ministry — its nodal ministry — for crucial changes in the 1971 Audit...
More »‘PMO turned blind eye to repeated warnings' by Sujay Mehdudia
“Government can no longer convince people its hands are clean” A former Union Revenue Secretary, E.A.S. Sarma, has accused the Prime Minister's Office (PMO) of turning a “blind eye” to his repeated warnings about “alleged irregularities” committed in auditing capital costs and allowing price and other concessions to the Mukesh Ambani-owned Reliance Industries Limited (RIL) in the KG basin and Cairn India in Rajasthan. In a letter addressed to Prime Minister Manmohan...
More »Kerosene cut due to ample LPG
-The Times of India The Ministry of Petroleum and natural gas on Saturday said that kerosene allocation to Gujarat has been reduced, keeping in view the substantial LPG penetration in the state. Gujarat's monthly quota of kerosene for distribution under the public distribution system (PDS) has been slashed by 32.19% from 76,712 kilolitres (KL) in 2010-11 to 52,020 KL in 2011-12, effective from June 1. The state government had raised...
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