-PTI Implementation of government's flagship scheme MNREGA has come under flak from CAG on various counts, including diversion of funds and impermissible works undertaken to the tune of about Rs 2,252 crore. The audit undertaken by the Comptroller and Auditor General of the programme launched by the Rural Development Ministry in 2006 found that works amounting to around Rs 4,070 crore were incomplete even after one to five years of launching. The CAG...
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Modi’s Pals-Himanshu Upadhaya
-Hard News While Narendra Modi's apologists will selectively quote from the latest CAG audit report on state finances that revenue earning has registered an upswing, they will compulsively forget that "the fiscal deficit of Rs 11,027 crore in 2011-12 was met out from a net borrowing of Rs 15,083 crore". The CAG has remarked that "an increase of 41 per cent in the market borrowing in 2011-12 over previous year for...
More »All coal blocks awarded after 1993 illegal: Panel Task force on coal beneficiation to submit its report soon -Sanjay Dutta & Mohua Chatterjee
-The Times of India All coal blocks distributed between 1993 and 2008 were done in an unauthorized manner and allotment of all mines where production is yet to start should be cancelled, the Standing Committee on Coal and Steel has said in its latest report that is slated to be tabled in Parliament on Tuesday. The committee, headed by Trinamool Congress MP Kalyan Banerjee, has also recommended that all "personnel" who have...
More »Government auditor's (CAG) report says funds bungled in flagship rural employment scheme-Shamik Ghosh
-NDTV Employment under the Mahatma Gandhi National Rural Employment Guarantee Act or MNREGA has declined, while Rs. 128 crore have been misused and work worth a staggering Rs. 4000 crore is incomplete, the government's auditor has alleged in its review of the rural job scheme that the Congress-led UPA government counts as one of its most significant achievements in the last nine years of rule at the Centre. In its report...
More »Proactive for Ambani, but UPA sleeping over CAG recommendations-Sujay Mehdudia
-The Hindu The UPA government has been proactive in responding to demands by Reliance Industries Limited (RIL) for a raise in natural gas prices, but has shown little urgency in implementing the Comptroller and Auditor General's (CAGs) recommendations made in 2009 on the audit of oil and gas contractors such as RIL. The CAG recommendation would have facilitated the intense scrutiny of the prices and profits made by the contractors. The Petroleum Ministry's...
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