Page 2 - Cag Report

Tip of the iceberg

CAG presents a disturbing picture of govt spending

Seek legal advice on paying Russian firm: CAG to MoD after loss of millions

The CAG also said there was an inordinate delay in the indigenous development of unmanned aerial vehicles by the DRDO

Of 16 major power, irrigation projects, only 5 under execution: CAG

The slow physical progress of the projects led to an overall cost escalation by 2,341%

CAG pulls up I-T dept for not adopting uniform mechanism

It also noted that AOs were allowing or disallowing amounts pertaining to bogus transactions arbitrarily

Indirect tax: CAG pulls up Central Excise Department on compliance issues

Cases involving Central Excise revenue of Rs 1,08,563 crore were pending in appeals at the end of 2016-17, says CAG

Missile systems not yet installed along India-China border: CAG report

Also, the missile system development has not been upgraded

Commando school construction delayed due to non-availability of land: CAG

Report said the land available for phase-I was also not sufficient for construction works

CWC unable to forecast floods as 60% telemetry stations out of order: CAG

Telemetry stations collect data at remote or inaccessible points

CAG, CSE rap crop insurance plans

Government-pushed insurance schemes have achieved little and only benefited entities in the sector, the office of the Union comptroller and auditor general (CAG) has concluded, as has another report from the non-government Centre for Science and Environment (CSE).The CSE report says insurance companies had benefited by a cumulative Rs 10,000 crore in profit as on April, due to low claims reported in relation to the premium charged. The gross direct premium of general insurance companies grew by 32 per cent, from Rs 96,376 crore in 2015-16 to Rs 1.27 lakh crore in 2016-17, nearly half of which came from crop insurance, the CSE report said. The CAG report was presented in Parliament on Friday; the CSE analysis was released to the public. The CAG report examines crop insurance schemes - National Agriculture Insurance Scheme (NAIS), Modified NAIS and the Weather Based Crop Insurance Scheme (WBCIS), implemented during 2011-12 through 2015-16. The CSE study analysed the new Pradhan Mantri ..

J&K govt violates budget provisions by spending Rs 1,961 cr in FY 16: CAG

The report was tabled in the Jammu and Kashmir Assembly recently during its special session on GST