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Accord constitutional status to CBI, CVC: Vinod Rai

-The Hindustan Times The Central Bureau of Investigation (CBI) and the Central Vigilance Commission (CVC) should be given constitutional status empowering them with appropriate autonomy and independence to make them effective instruments for fighting corruption, Comptroller and Auditor General (CAG) Vinod Rai said on Wednesday. “If you really want some of these institutions to deliver, you must take a risk and ... take courage to make them constitutional,” he said, while speaking...

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Missing detail in coal records haunts govt -Rajeev Deshpande

-The Times of India The mystery of the missing detail in official files on why some coal block applicants won while others lost out is proving to be the biggest hurdle in the Centre's bid to ward off the threat of the Supreme Court scrapping all allocations. Aware that an unfavourable verdict on Coalgate will be a body blow to its bid to push-start the economy, the government is planning a careful...

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RIL wants offshore gas fields audit to be kept secret, CAG says no -Subhomoy Bhattacharjee

-The Indian Express Sharp differences have emerged between the Comptroller and Auditor General (CAG) and Reliance Industries Ltd (RIL) over the scope of an audit into the production sharing contract between the company and the government for RIL’s off-shore gas fields. RIL had set two conditions: the audit should maintain the confidentiality arrangement between it and the government; and the scope of the audit should be restricted to accounting procedures of the...

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The report on Atomic Energy Regulatory Board shows CAG lacks technical expertise-KS Parthasarathy

-The Economic Times The Comptroller and Auditor General of India (CAG), in its performance audit of the Atomic Energy Regulatory Board (AERB), highlighted deficiencies such as less effective regulatory control on medical x-ray units and lack of inspection of few types of radiation sources that have greater hazard potential, among others. These need urgent correction. CAG should not have offered advise on the possible structure and constitution of a regulatory body when...

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After change of guard, CAG-RIL meet on audit issue postponed -Sujay Mehdudia

-The Hindu The postponement conveyed by Petroleum Ministry to CAG on October 29 Only days after the change of guard in the Petroleum and Natural Gas Ministry, the “Entry Conference” by the Comptroller and Auditor General (CAG) with the Petroleum Ministry officials and representatives of Mukesh Ambani-owned Reliance Industries Limited (RIL) to discuss details of the financial audit of KG D6 accounts has been postponed indefinitely. Sources in the Ministry said that after...

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