-The Times of India NEW DELHI: The comptroller and auditor general (CAG) is finalizing a report on yet another instance of massive loss to the state exchequer because of favours shown to private parties by the political establishment. The CAG's audit report on the Taj Expressway project could also find place among India's biggest scams, with successive Uttar Pradesh governments being accused of causing loss of thousands of crores to the...
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Delhi high court ruling empowers CAG to audit PPPs
-The Times of India NEW DELHI: The Delhi HC order empowering CAG to audit private telecom companies would not only kick off a massive audit exercise,but also ensure that CAG is empowered to audit PPPs (public-private partnerships), and similar engagements where private sector is engaged in some of the traditional government functions. "It is a landmark judgment, it will be quoted and discussed for years to come," a senior audit official said,...
More »After discoms, CAG may get job of auditing telecos -Abhinav Garg
-The Times of India NEW DELHI: After getting the mandate to audit power distribution companies from Arvind Kejriwal led Delhi government, the comptroller and auditor general may well get another crucial assignment on Monday, if the Delhi high court agrees with its stand. HC is expected to deliver a landmark verdict to decide if CAG has the jurisdiction/powers to audit accounts of private telecom companies. A division bench of Justice Pradeep Nandrajog...
More »CAG gets HC nod to audit accounts of private telecom companies
-The Times of India NEW DELHI: The Delhi high court on Monday gave nod to the comptroller and auditor general (CAG) to audit the accounts of private telecom companies. CAG got the crucial assignment after getting the mandate to audit power distribution companies from the Arvind Kejriwal-led Delhi government. A bench of justices Pradeep Nandrajog and V Kameswar Rao permitted the top accounting body to conduct audit of private telecom companies under the...
More »Dr. Manmohan Singh, Prime Minister of India meets the press at the National Media Centre, New Delhi
-Press Information Bureau Preliminary Transcript of the Q&A portion of the Prime Minister's Press Conference at the National Media Centre, New Delhi Q: After the Assembly elections, much churning is going on in the UPA. Do you think the Congress should now announce its PM candidate? PM: The Congress President has already answered that question. We will announce our candidate for the Prime Ministership at the appropriate time. Q: On corruption issues which have...
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