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Rs 3,000cr lost as tax rebates to NGOs, trusts: CAG

-The Times of India NEW DELHI: The government has given away more than Rs 3,000 crore by way of tax exemptions to some non-deserving big charitable organizations and trusts. The revelations were made in a Comptroller and Auditor General (CAG) report which was submitted to the government for tabling in the monsoon session of Parliament but it was deferred by the government. Sources said the auditor has covered almost all big trusts and...

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Protecting forest lands

-The Hindu The report of the Comptroller and Auditor General underscoring the blatant violation of conservation laws and Supreme Court orders in the diversion of forests for destructive non-forestry use confirms what former Environment Minister Jairam Ramesh said about the system: it's a bit of a joke. The compensatory afforestation mechanism instituted to balance the devastating loss of natural forests has failed abysmally. The CAG's report is proof that India's...

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Green norms bent to help corporates -Nitin Sethi

-The Hindu     CAG report uncovers forestland scam, says government lost thousands of crores The Comptroller and Auditor General in its latest report has unearthed a massive scam involving forestlands being given over to industry without following laid down regulations - in violation of Supreme Court orders and forest laws - and involving large-scale misuse of funds leading to a loss to the government running into thousands of crores. The report blames some...

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CAG slams govt on capital spending, rural job schemes

-The Financial Express Amid the government's efforts to curb fiscal deficit, the Comptroller and Auditor General (CAG) on Tuesday criticised the Centre for cutting down on capital spending, over-stating spending on centrally sponsored schemes and doling out some subsidies without obtaining Parliament approval. UPA's flagship scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) also came under the scanner with the CAG questioning whether the entire amount booked for the job scheme...

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UP lost Rs 1,400 crore to illegal mining, CAG says -Shailvee Sharda

-The Times of India LUCKNOW: Illegal mining in Uttar Pradesh between 2005-11 caused a loss of Rs 1,400 crore to the exchequer, says a draft report of the Comptroller & auditor general. The report, prepared on the activities of state geology and mining directorate, belies state government's claims on checking illegal mining and indicates that illegal mining is widespread. It reveals several procedural gaps in legal quarrying as well. The auditors, who...

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