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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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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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CAG raps AP government over financial management

-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...

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Haryana paid old-age pension to 12,000 ineligible people: CAG -Sukhbir Siwach

-The Times of India CHANDIGARH: The Haryana government has been providing old age pension to 12,000 people, who were below the age of 60 and not eligible for the same, a report released by the Comptroller and Auditor General (CAG) recently revealed. The beneficiaries received old age pension of Rs 500 between 2011 and December, 2012, when the state government came to know of the scam. The state government grants "old age allowance"...

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PM-headed panel for CAG selection mooted

-The Hindu Eminent retired bureaucrats and members of the Forum of Retired Officers of Indian Audit and Accounts Service have demanded the creation of a selection committee headed by Prime Minister to select the new Comptroller and Auditor General (CAG) of India. The term of current CAG Vinod Rai ends in May. In a memorandum to President Pranab Mukherjee and Prime Minister Manmohan Singh, they have argued that need of the...

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