A CAG report has flagged 24 cases of irregularities involving Rs 348.57 crore related to four Ministries and Departments and four Central Public Sector Enterprises
In its compliance audit report on 'Rationalisation/Deferment of Premium in BOT Projects in NHAI', the CAG noted that the National Highways Authority of India (NHAI) extended undue benefitS.
State-owned firm neither applied technical due diligence nor did techno-commercial study to assess viability before allotment of its two captive coal blocks, says report
It further said 13 government companies under the Ministry of Petroleum and Natural Gas contributed Rs 29,272 crore, representing 40.74 per cent of the total dividend declared by all government firms
Kerala state finance minister TM Thomas Issac said there is nothing to be ashamed of in appearing before the ethics committee of the Kerala legislative assembly
As per rules, IGST must be shared equally between Centre and states and union govt is bound to part with another 42% of its share as per 15th Finance Commission recommendations
The CAG also pulled up the government for including the income from investment in SUUTI as part of the disinvestment proceeds leading to overstatement of Rs 1,400 crore
Out of 147 entities where the government poured funds, only 12 had paid dividend- two rural banks, nine government companies and one statutory corporation
Report dwells on ills in India's acquisition policy not just in Rafale, but other purchases as well, such as Apache attack helicopters, Chinook heavy lift helicopters, C-130 planes