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Stop fresh investments in KG-D6: CAG -Sanjay Dutta

-The Times of India The Comptroller and Auditor General (CAG) has asked the oil ministry not to approve any more investments in Reliance Industries's KG-D6 oil and gas block till the company submits all records of its spending in the Andhra offshore field till 2011-12 for scrutiny. In a November 9 letter to the ministry, a top CAG functionary also suggested a similar action for the Panna-Mukta and Tapti (PMT) group...

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What Shunglu report? It’s plain anger -Ramaswamy R Iyer

-The Hindu The intention behind the move to make the CAG a multimember body is not to activate the Shunglu Committee’s report but a desire to clip the auditor’s wings During the last few days there have been many comments on the report that the government of India was considering a proposal to make the Comptroller and Auditor General of India (CAG) a multimember body. The move has been widely seen as...

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Left Parties to Oppose FDI in Retail in Parliament

-Outlook The issue of FDI in retail is expected to generate a storm in the Winter Session of Parliament beginning next week, with the Left parties today announcing their decision to move motions entailing voting to oppose the government's proposal. At a time when BJP and several other parties have also opposed FDI in retail, the Left leaders said they have appealed to all parties to support the motions in both Houses...

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Multi-member CAG plan still on table -Pradeep Thakur

-The Times of India Denials notwithstanding, the government indeed has been considering the idea of turning the Comptroller and Auditor General into a multi-member body as minister of state in Prime Minister's Office V Narayanaswamy said last week. Although the government had dropped the idea of turning the CAG into a multi-member body, agreeing with the federal auditor that the existing structure with a singular head was fine, it dusted off the...

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PMO minister says CAG may be expanded, kicks up row

-The Times of India The UPA was caught in a fresh controversy over the comptroller & auditor general (CAG) after V Narayanasamy, minister of state in the Prime Minister's Office, was quoted as saying that the government was "actively considering" converting the federal auditor's office into a multi-member body. "It (VK Shunglu panel's suggestion to make changes in CAG) is under active consideration. The government is actively considering it," news agency PTI...

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