-Outlook SC today issued notice to Centre on PIL to make intelligence agencies accountable to Parliament. It also sought response from IB, RAW and NTRO on plea to bring them under oversight of Parliament and CAG. The apex court has granted six weeks time to the Centre and intelligence agencies to file their response. ...
More »SEARCH RESULT
Total Matching Records found : 887
Govt, oppn lock horns over Vinod Rai remark
-The Hindustan Times Comptroller and Auditor General (CAG) Vinod Rai’s comments on Thursday at the Harvard Kennedy School (US)— saying his office was advised by the ‘highest in the land’ not to ‘exceed our mandate’ and get into auditing policy formulation — sparked off a war of words between the government and the opposition. Pointing out that constitutional authorities should circumscribe by “Lakshman Rekha propriety”, I&B minister Manish Tewari on Friday said...
More »At Harvard, CAG slams government, netas
-The Times of India Harvard's prestigious Kennedy School on Thursday provided the setting forComptroller and Auditor General (CAG) Vinod Rai to hit out at the Manmohan Singhgovernment for attempting to reduce the federal auditor to a mere accountant with no real role in auditing policy. Speaking at the school of public affairs, Rai made an indirect but unmistakable reference to the government's criticism of the CAG's 2G report, saying, "We were...
More »Bank officials, microfinance institutions cornered benefits of farm loan waiver: CAG report -Pradeep Thakur
-The Times of India The UPA-1's Rs 52,000 crore farm loan waiver scheme is turning out to be a big financial scandal. Out of 1 lakh farm loan waiver accounts audited in 700 bank branches across the country — involving disbursement of Rs 500 crore — about 30% of the waiver amount was allegedly found to have been siphoned off by a nexus of bank managers and microfinance institutions (MFIs). A comptroller...
More »A committee to ‘administer’ a ‘market price’ for gas-Sunjoy Joshi
-The Hindu In his article in The Hindu (editorial page, “Making a mockery of domestic gas pricing,” January 18, 2013, Surya P. Sethi attacks the gas pricing formula proposed by the Rangarajan Committee, curiously enough, for being based on numbers from foreign markets that do not reflect the supply, demand or cost of production in India. I say “curiously” because on the exact opposite side, domestic producers are also pillorying the committee’s...
More »
