-The Hindustan Times Rapping the government for its failure to timely implement the competitive bidding mechanism for allocation of coal blocks, CAG on Friday said part of the Rs. 1.86 lakh crore loss could have been partially tapped had the procedure been put in place earlier. In its report, tabled in Parliament, CAG said 25 firms including Essar Power, Hindalco, Tata Steel, Tata Power and Jindal Steel and Power were benefited to...

-Yahoo.com The Comptroller and Auditor General on Friday tabled three reports -- on power, coal and airports -- in Parliament, almost indicting the UPA government for allegedly 'causing' a loss of more than Rs 1.86 lakh crore to the exchequer. The report has also lambasted the government for favouring private companies who benefitted from such 'largesse', giving the opposition parties a lot of fodder to them to hit out at the government...

-IANS A right to information (RTI) activist here Monday complained to the Comptroller Auditor General (CAG), accusing a senior official of the premier auditing and financial propriety of splurging government money. Aires Rodrigues, in his letter of complaint to CAG chief Vinod Rai, said that Additional Deputy Comptroller and Auditor General Shankar Narayan, who was in Goa for a legislative orientation programme in June, splurged government money on business class air travel...

-The Economic Times It was in the mid-eighties that former prime minister Rajiv Gandhi said if the Centre released a rupee for the poor, only 15 paisa reached them. Decades later, not much has changed. With leakages, delays, and uneven implementation of welfare schemes like NREGA, blunting benefits to the poor, the rural development ministry is proposing to put in place a system to assess the effectiveness of the schemes even...

-The Economic Times It was in the mid-eighties that former prime minister Rajiv Gandhi said if the Centre released a rupee for the poor, only 15 paisa reached them. Decades later, not much has changed. With leakages, delays, and uneven implementation of welfare schemes like NREGA, blunting benefits to the poor, the rural development ministry is proposing to put in place a system to assess the effectiveness of the schemes even...