-The Telegraph The ambit of the corpus created to fight public health emergencies widened but its veil stays intact The veil on the PM Cares Fund — the corpus created to battle the Covid-19 crisis without the tiresome need for any audit scrutiny — remained firmly in place even as its newly-appointed trustees decided on Wednesday to widen the scope of its operations. Prime Minister Narendra Modi chaired a virtual meeting of the...
More »SEARCH RESULT
Total Matching Records found : 555
CAG raises concerns over Centre’s ballooning debt, interest burden
-The New Indian Express Meanwhile, data released by the department of economic affairs in the Finance Ministry showed interest paid on debt has increased to Rs 8.05 lakh crore in FY22 from Rs 6.80 lakh crore in FY21. NEW DELHI: The Comptroller and Auditor General (CAG) of India have raised concern over increasing Central government debt as several indicators gauging the sustainability of debt have turned unfavourable since 2015-16. The CAG in...
More »Audit lays bare numerous breach of India’s coastal regulations -GS Mudur
-The Telegraph Jail and racetrack on beach bully list New Delhi: An audit has identified dozens of public and private projects that have breached India’s coastal regulations — beach resorts, ports, roads, a racetrack, and even a jail near an Olive Ridley turtle nesting site. The exercise by the Comptroller and Auditor General (CAG) has flagged deficiencies in the Union environment ministry’s project approval mechanisms and lapses by state coastal regulatory authorities that...
More »Odisha fails to carry out plantation activities in 50% of the targeted area -Satyasundar Barik
-The Hindu Odisha misses degraded patches, thus plantation target missed, says CAG The Comptroller and Auditor General of India has found concentration of plantation activities in easily accessible areas like land along the pathways, leaving the degraded patches in the middle of dense forest unplanted in Odisha — one of reasons cited for missing plantation target in the State. The CAG came down heavily on the State government indicating that plantation undertaken by...
More »What CAG's Nitpicking Over Kerala Worker Cess Says About the Problems With Purpose-Specific Taxes -Himanshu Upadhyaya
-TheWire.in Why should the money collected through purpose-specific cesses be funneled into a state's consolidated fund? On July 20, 2022, the Comptroller and Auditor General of India (CAG)’s report on Kerala’s finances for the fiscal year 2020-21 was tabled in the state assembly. Amongst several other observations, this report has noted how funds being kept outside the ‘Consolidated Fund’ of the state. The context here is the manner in which Kerala treats cess...
More »
