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Telecom secretary R Chandrasekhar to be next CAG?

-Ciol.com A 1975-batch AP cadre, IAS Rentala Chandrasekhar, who is set to retire as telecom secretary on March 31, 2013, is emerging as one of the top contenders for the post of Comptroller and Auditor General (CAG). The incumbent, Vinod Rai, will quit office on May 31, as he would complete 65 years of age. A CAG's term length is six years or up to 65 years of age (whichever is earlier). According...

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Eligible farmers left out of loan waiver plan: CAG

-The Hindustan Times The CAG has found several shortcomings in the implementation of the first UPA government’s Rs. 52,500-crore farm loan waiver scheme — while thousands of ineligible farmers got the benefit, many eligible applicants were left out. The CAG report, tabled in Parliament on Tuesday, disclosed that it had audited 80,299 beneficiaries across 25 states, which was less than 1% of the total 34.5 million recipients. The scheme had two components —...

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Loan waiver package: Financial services dept pulled up

-The Hindustan Times The Comptroller and Auditor General has pulled up the department of financial services (DFS) for not properly monitoring the implementation of the Rs.52,000-crore debt waiver package. The DFS, under the finance ministry, depended completely on nodal agencies for monitoring the scheme that was announced by finance minister P Chidambaram in the 2008-09 budget, the report said. But, following the issue of the draft audit report, the ministry asked the RBI...

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CAG smells a rat in UPA's Rs 72k-cr farm debt relief scheme

-The Business Standard Report says ineligible farmers given benefits In a fresh blow to the United Progressive Alliance (UPA), the Comptroller and Auditor General of India has rapped the finance ministry over allegedly serious lapses in implementation of the Rs 71,680-crore agricultural debt waiver and debt relief scheme — a major plank on which the coalition had contested the 2009 general elections. A report tabled in Parliament today showed CAG, after auditing 22.32...

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CAG pulls up WCD ministry for diversion of ICDS fund

-PTI State governments have irregularly diverted funds aggregating to Rs 57.82 crore from the central government's flagship Integrated Child Development Scheme (ICDS) to activities not permitted under the programme, a CAG Audit has found. In its report on the ICDS for 2012-13, tabled in the Parliament today, the CAG criticised the ministry of Women and Child Development (WCD) for "inadequacy" in monitoring systems under the scheme to combat child malnutrition. The report said...

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