-The Hindu CAG sees weak political will, highlights failure of scheme Palakkad: A Comptroller and Auditor General (CAG) report has charged the State with a lack of political will in providing land to landless tribal people in the State. The Audit Report (General and Social Sector) of the CAG for the financial year 2011-12 accuses the government of tardy implementation of a Rs. 175-crore scheme for the resettlement of landless tribal people launched...

-PTI HYDERABAD: A day after the Chief Minister remarked that observations of CAG were "not scriptures", the public auditor picked many holes in Andhra Pradesh government's budgeting process and financial management even as it praised the state for achieving fiscal reform targets. In its report on the state finances for 2011-12, the CAG rapped the government for failing to ensure proper utilisation of allotted funds, particularly on capital works, resulting in staggering...

-The Hindustan Times In what seems set to provide fresh ammo to its political rivals, the comptroller and auditor general (CAG) is learnt to have raised questions about the valuation of 350 acres given by the Haryana government to realty major DLF Limited in Gurgaon through competitive bidding for setting up a recreation-cum-leisure project. The CAG, which examined the procedures and the competitive bidding route taken by the Haryana State Industrial and...

-The Hindu Evidence of tampering with, overwriting & alteration of records The Comptroller and Auditor General (CAG), in a report tabled in Parliament on Tuesday, pointed out that several ineligible farmers were favoured and a large number of deserving small and marginal farmers left out in implementation of the United Progressive Alliance’s much-touted Rs. 52,000-crore farm loan waiver scheme. The scheme, meant to help indebted farmers in districts where suicides occur, was so...

-The Economic Times The country's chief auditor has uncovered a Rs 1,336-crore negative balance in the books of the Empoyees' Provident Fund Organisation (EPFO), the custodian of Rs 8.15 crore formal sector workers' lifetime savings. A report, prepared by the Comptroller and Auditor General (CAG) and reviewed by ET, says this discrepancy in the EPFO's books for 2011-12 could grow further. For beneficiaries, this could mean lower returns on provident fund savings...