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Pulses scam: Babus unable to explain Rs 1,200cr loss

-The Times of India The government has been unable to explain why public sector firms imported pulses at a loss of 21%-30% a year from 2006 to 2011 adding up to Rs 1,200 crore, while private importers did not appear to have suffered such a misfortune. Questioned by Parliament's Public Accounts Committee about the " pulses scam" revealed in a Comptroller and Auditor General report, senior commerce and consumer affairs officials has...

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Rural job scheme spending declines by Sreelatha Menon

Central allocation for the Mahatama Gandhi National Rural Employment Guarantee Scheme (MNREGS) has been falling in recent years, with this year recording the steepest decline. Money released for the scheme fell from Rs 35,242 crore last year to Rs 21,441 crore this year, while expenditure has gone down from Rs 39,000 crore last year to Rs 20,000 crore as of January-end. The average workdays under the scheme, which provides a legal entitlement...

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CAG gets a toehold in RAW

-The Indian Express The Comptroller and Auditor General (CAG) has got a toehold in the auditing process of Research & Analysis Wing (RAW), India’s premier intelligence agency. In directions issued by the cabinet secretariat earlier this month, RAW has been told to submit a copy of its annual internal audit report to CAG. The report is prepared by a senior officer of the Indian Audit Service. A series of follow-up steps are...

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JNNURM, farmers’ loan waiver scheme under CAG lens by Pradeep Thakur

 The Comptroller and Auditor General (CAG) is giving final touches to two reports where it has pointed out anomalies in allocation of funds under the centrally-runJNNURM scheme and UPA government's debt waiver to farmers in 2008, something the opposition may use as a stick to beat the government during the budget session.  In the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), the CAG, sources said, is reviewing how central funds were...

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Pontius Undistilled by Lola Nayar

Liquor baron Ponty Chadha’s mercurial rise is all ‘Maya’ A reclusive liquor baron may seem like an anomaly in these never-ending good times. But Gurdeep Singh Chadha—better known by the moniker Ponty Chadha—fits the bill. Often called “Mayawati’s financier”, the 57-year-old Ponty has been making large (if silent) waves for the political patronage he enjoys in Uttar Pradesh. Any bottle of liquor sold in India’s most populous state goes through his...

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