-The Hindu It has been insisting that the audit of KG-DWN-98/3 block not be made public Emboldened by the stagnation in the arbitration proceedings, the Mukesh Ambani-owned Reliance Industries Limited (RIL) has once again stalled the audit of KG-DWN-98/3 block by Comptroller and Auditor General (CAG) by refusing to furnish records, financial accounts and SAP access for the KG D6 block for the 2008-12 period on various grounds. It is learnt that RIL...
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How To Waive Crores Goodbye -Lola Nayar and Panini Anand
-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme 2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support” Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme Rs 50,000 The loan...
More »Justice JS Verma committee's recommendations: Complete list
-DNA 1. The equality of women, being integral to the Constitution, its denial is a sacrilege and a constitutional violation. Sustained constitutional violations mean that governance is not in accordance with the Constitution. A fortiori, all limbs of the State - the executive, the legislature as well as the judiciary -must respect women’s rights and must treat them in a non-discriminatory manner. 2. As a primary recommendation, all marriages in India (irrespective...
More »Centre rubbishes CAG report on coal scam in SC -Dhananjay Mahapatra
-The Times of India The Centre on Tuesday rubbished the charges made in the CAG report-based petitions alleging huge scam in coal block allocations and said it had put in place four sets of regulatory mechanism which had functioned well to monitor and take corrective measures. Responding to six questions the court had asked on a PIL filed by M L Sharma who had sought quashing of all 194 blocks of coal,...
More »‘Set up national panel to check misuse of government funds by NGOs’ -Sandeep Joshi
-The Hindu Highlighting the importance of proper audit of the non-government organisations (NGOs), particularly those getting grants from the government, a report based on information received under RTI reveals that the Union and State governments give yearly grants worth Rs.1,000 crore to various NGOs. “At a time when the grants to the NGOs given by the Centre have been increasing — from Rs. 561 crore in 2002-2003 to Rs. 835 crore in...
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