The Comptroller and Auditor General (CAG) of India is the Chair of the Supreme Audit Institutions-20 (SAI20) Engagement Group under India's G20 Presidency
The Comptroller and Auditor General of India in its report pointed out that due to time over run initially conceptualised National Register of Citizens, the project cost escalated to Rs 1602.66 Crore
Inspections will consist of firm-wide review of audit quality and individual file reviews on test-check basis to evaluate the level of compliance with applicable auditing standards
Current approach to be based in common parameters, goals and analysis, as opposed to earlier exercises done on the basis of some research or state-specific issues
The Comptroller and Auditor General (CAG) of India in its report, said the total outstanding debt-GSDP ratio, which stood at 42.91%, was above the target set by the 15th Finance Commission (36%).
It said the non-submission of the UCs means that authorities have not explained as to how funds were spent over the years and is fraught with the risk of misappropriation
CAG pulled up UIDAI for issuance of Aadhaar to children below age of 5 years on the basis of the biometrics of their parents, saying such acts are against the basic tenets of Aadhaar Act
Due to poor financial condition, it said, ChPT had to raise a loan of Rs 1,775 crore at a rate of interest of 8 per cent per annum for purchasing the GoI's stake in KPL
The cash strapped Kerala government has revenue arrears to the tune of Rs 20,146.39 crore of which Rs 5,765.84 crore is outstanding for more than 5 years
CAG has released a notification inviting comments on the proposed recruitment rules to the posts of auditor and accountant on its official website at cag.gov.in
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