-PTI Finance Minister P. Chidambaram on Tuesday said he intends to work with CAG to erase the impression of adversaries in an attempt to restore trust and confidence in all institutions. Addressing a CAG conference in Delhi, Mr. Chidambaram said the official auditor and the government have been cast as adversaries to each other in the aftermath of recent audit findings. “Unfortunately, however, some dissonance has crept into the public discourse and for...
More »SEARCH RESULT
Left breaks silence, demands probe against Robert Vadra
-The Times of India Two days after Prashant Bhushan and Arvind Kejriwal alleged that realty major DLF gave properties to Robert Vadra at grossly undervalued rates, Left parties on Monday demanded a probe into the dealings of the companies. About the delayed response, a senior CPM leader said, "Why should we react until we have ascertained facts? Moreover, all senior leaders were away in various parts of the country." The CPM politburo...
More »CAG reports are objectively prepared: Vinod Rai
-The Times of India Comptroller and auditor general Vinod Rai on Monday defended his audit reports and said they were carried out with objectivity and in a professional manner. "To ensure that our professional and personal conduct is above reproach, we have adopted a code of ethics comprising the general ethical requirements of integrity, objectivity, professional secrecy and competence," he said addressing an accountants general (AGs) conference in the Capital. The three-day conference...
More »GoM Meet on Land Acquisition Bill Inconclusive: Pawar
-Outlook The Group of Minister (GoM) on Land Acquisition Bill today remained divided over the issue of retrospective acquisitions and the consent required from land owners with Agriculture Minister Sharad Pawar saying two-three meetings are required to finalise the bill. During the last meeting too, the same issues had divided the members of the GoM headed by Pawar. "No final view on retrospective clause could happen. We have not taken any final call...
More »Cabinet Nod for Changes in Competition Act
-Outlook The government today expanded the ambit of Competition Commission of India (CCI), with an amendment to the Competition Act, following which all sectors would fall under the purview of the fair trade regulator. Approving a proposal by the Ministry of Corporate Affairs in this regard, the Union Cabinet this evening decided to amend the Competition Act, 2002 with a view to fine tune the regulations to bring it at par with...
More »