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CAG indicts Narendra Modi govt for "undue" favours to corporates

-PTI GANDHINAGAR: The Comptroller and Auditor General of India (CAG) has come down heavily on the Gujarat government and state Public Sector Undertakings for causing a loss of nearly Rs 580 crore to the exchequer by bestowing "undue" favours to large corporate entities. The major industrial houses to whom the Narendra Modi government played the benefactor included Reliance Industries Ltd (RIL), Essar Steel and Adani Power Ltd (APL), the report for year...

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Delhi lacks basic services: CAG report-Devjyot Ghoshal and Ruchika Chitravanshi

-The Business Standard CAG state audit report NCT has also unearthed a glaring lack of planning cutting across projects, sectors It may be India's capital city, but behind the New Delhi's storied corridors of power and flush coffers, the metropolis is a difficult mess for the ordinary citizen. The Comptroller and Auditor General's (CAG) state audit report for the National Capital Territory (NCT) of Delhi government has unearthed a series of significant shortcoming...

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CAG blasts Narendra Modi govt for causing Rs 17,000 cr loss to Gujarat

-The Indian Express The CAG (Comptroller and Auditor General) has slammed the Gujarat Chief Minister Narendra Modi's government for causing a loss to the exchequer to the tune of Rs 17,000 cr. In its report for 2009-10 and 2010-11, placed before the Gujarat Legislative Assembly, CAG said corruption and irregularities have caused huge losses to the state. CAG blasted the Narendra Modi government for not being able to stop these irregularities. Narendra Modi has...

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Delhi govt favoured private discoms: CAG

-The Indian Express Report finds govt did not recover dues of Rs 750 cr from distributors. At a time when the opposition BJP plans to intensify protests against power tariff in Delhi, the Comptroller and Auditor General (CAG) of India's report for the 2011-12 fiscal has slammed the Delhi government for not recovering dues to the tune of Rs 750 crore from private distribution companies. The report, tabled on Tuesday in the Delhi...

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RIL, Adani Power got undue favours from Gujarat PSUs

-The Business Standard CAG says GSPL did not safeguard its own interest leading to passing on of undue benefit of Rs 52 cr to RIL In what could add more teeth to the opposition party's allegations against the Narendra Modi-led Gujarat government, the Comptroller and Auditor General of India (CAG)'s latest report has brought out fresh details of undue favour by state public sector undertakings (PSUs) to Reliance Industries Limited (RIL) and...

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