Comptroller And Auditor General Of India

CAG to chair G20 SAI on March 13-15 in Guwahati, 'Responsible AI' in focus

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

Despite support from Centre, big states lagged on capex in FY23

Due to crucial state elections in 2022 and 2023, many state administrations chose to focus on scheme and subsidy spending

NRC project cost escalates from Rs 288 crore to Rs 1,602 crore: CAG report

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

NFRA issues inspection guidelines to improve quality control at audit firms

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

CAG declares results of online essay competition; V-P to give prizes

Harsh, a student of Hidayatullah National Law University, Raipur has won the first prize in an English essay competition organised by CAG

CAG set to conduct comprehensive audit of country's health sector

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

HP's outstanding debt-GSDP ratio much above the target set by 15th FC: CAG

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%).

India at 75: Much of India's institutional arrangement is for show only

Even after 75 years, India remains politically feudal and colonial bureaucratically

The complex world of regulators

Independent and continued evaluation of statutory regulatory agencies is necessary and important for feedback to regulators and Parliament

I am content that we brought a player-centric approach to BCCI: Vinod Rai

Rai, who has stressed in the book the need to give a chance to younger people in administrator positions, feels that everyone has a shelf life.

CAG calls for making officials accountable as J&K failed to submit UCs

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

UIDAI should review issue of Aadhaar to children below 5 yrs: CAG

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

PSUs borrowing to buy equity of another firm defeats purpose: CAG

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

Speed up broadband roll-out

War over USO fund should be resolved transparently

Down the pipeline: India's struggle with asset monetisation

Govt plan to raise Rs 6 trillion by offering roads, railway stations, airports and other assets could be hard to achieve

CAG pulls up Kerala govt over arrears in revenue, calls for intervention

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 notification: Know about draft recruitment rules released on cag.gov.in

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

CAG writes to RBI on banks' status post-recap over the past 5 years

Wants RBI to give performance details over the past five years

3/4th of demand raised by I-T after searches not upheld, says CAG

This was because additions were made related to transactions based on the documents found, which were disclosed by the assessee

CAG findings on IGST sharing may strain Centre-state relations further

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