ON BOARD PM'S AIRCRAFT: An emotional Prime Minister Manmohan Singh on Tuesday hit back at Team Anna's allegation of corruption against him in coal block allotments, saying he would give up public life if charges levelled by the activists were proved. "I will give up my public life even if there is an iota of truth in allegations levelled against me, and the country can give me my punishment. My long...
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Private firms got undue benefits of Rs 1.8L cr in 'Coalgate': CAG-Sanjay Dutta & Pradeep Thakur
The Comptroller and Auditor General's final report on allocation of coal blocks between 2004 and 2009 without auction is expected to peg the value of "undue benefits" that the government extended to private entities alone at more than Rs 1.8 lakh crore, sources have indicated. The last draft of the report, first reported by TOI on March 22, had said the government extended undue benefits of Rs 10.67 lakh crore by...
More »CAG rips into Isro for Devas deal, clears PMO
-The Times of India India's space agency Isro bent rules for private firm Devas to sign a deal for multimedia services, projecting a paltry Rs 1,120 crore revenue over a 12-year period that would not even have covered the cost of launching two satellites for the promised service, the Comptroller and Auditor General (CAG) has said. In a report submitted to Parliament on Tuesday, the official auditor gave the Prime Minister's Office...
More »CAG rues huge central funds to local bodies-Devesh Kumar
A Comptroller and Auditor-General of India report has expressed dismay over the rising share of funds disbursed by various ministries to local bodies and NGOs in 2010-11. The CAG report on the accounts of the Union government was tabled in Parliament on Tuesday. "An analysis of plan expenditure revealed that 77% of the total plan expenditure was in the form of grants-in-aid payment,'' the report stated. "In five of the ten...
More »Rural Health Mission to be audited for utilization of funds-Vidya Krishnan
Audits will look into the money released to the states in the last seven years, says Ghulam Nabi Azad The health ministry will conduct annual audits of the National Rural Health Mission (NRHM) to detect irregularities in the utilization of funds. Health minister Ghulam Nabi Azad has written to the state governments seeking their cooperation on this. “We have decided to go for an audit of NRHM fund utilization across the states,”...
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