-Outlook The government has not made any assessment on presumptive losses following the CAG report on the 2G spectrum issue, Parliament was informed today. "No assessment of the value of presumptive loss caused to the nation after the publication of CAG report in 2G spectrum matter has been made by the Government of India," Minister of State for Finance Namo Narain Meena said in a written reply in the Rajya Sabha. To a...
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UPA's flagship scheme in CAG net
-The Times of India Houses built for the poor allotted to ineligible beneficiaries, diversion of over Rs 100 crore to unapproved ventures, and a huge lapse in completion of projects mark UPA's flagship programme for urban areas — the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). The Comptroller and Auditor General (CAG) of India has found serious lacunae and irregularities in the implementation of JNNURM in a nationwide audit that was tabled...
More »Editors call for media regulation after arrest of Zee News journalists
-CNN-IBN The arrest of two editors of Zee News Sudhir Chaudhary and Samir Ahluwalia has ignited the debate over whether there is a need for regulation of the media. Talking to IBN18 Editor-in-Chief Rajdeep Sardesai, editors called for regulation of the media. Press Council Chairman Justice Markandey Katju says Zee's licence should be suspended if charges are found true. "If there are 40 out of 48 representatives of the media in the...
More »Zee denies charges, terms arrests of editors an attack on press freedom
-The Hindustan Times Two senior journalists of Zee news channel were arrested in New Delhi on Tuesday on charges of trying to extort Rs. 100 crore from Congress MP Naveen Jindal's group for not doing news reports on coal scam linking his firm. The arrests on charges of extortion came following the registration of a case about 45 days ago on a complaint filed by Jindal's company with Delhi Police's Crime...
More »Joshi formula among 3 CAG used to estimate 2G loss -Appu Esthose Suresh
-The Indian Express One of the three formulae used by the Comptroller and Auditor General to calculate the loss to the government for selling 2G spectrum on a first-come-first-served basis was suggested by BJP leader and Parliament’s Public Accounts Committee (PAC) chairman Murli Manohar Joshi. When the team conducting the audit said they “are not on strong ground” in basing the loss on the formula suggested, they were told by CAG headquarters...
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