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Resources need to be efficiently utilised to make India developed nation: CAG

“We are trying to expedite the entire process of development. It requires that resources are efficiently and effectively used,” the…

May 10, 2023 21:51 IST

Govt plans to pre-pay off-Budget bonds

Investors not keen to exit bonds with high interest rates.

April 17, 2023 05:30 IST

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Many states facing fiscal sustainability risks: CAG

Article 150 of the Constitution mandates that the accounts of the Union and of the states shall be kept in…

April 11, 2023 06:10 IST

J&K budget utilisation 20 per cent less in 2021-22: CAG

The CAG said an amount of Rs 21,646.17 crore was incurred under 33 schemes/Sub Heads in 10 Grants without budgetary…

April 2, 2023 14:08 IST

CAG raps Army for slow modernisation

The Army’s artillery modernisation plan was formulated in 1999, with the Field Artillery Rationalisation Plan aiming to acquire 2,800 guns…

March 28, 2023 19:05 IST

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Blue economy occupies vital position in India’s economic growth: CAG

India has a 7,517 km long coastline that is home to nine coastal states and 1,382 islands.

February 27, 2023 21:18 IST

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The CAG’s G20 opportunity

The CAG is proposing that G20 Supreme Audit Institutions collaborate on two priority areas—the blue economy and responsible artificial intelligence

December 9, 2022 04:45 IST

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CAG calls for greater focus on audit of state finances

Asks AGs at states to improve reporting on sustainability

November 18, 2022 06:15 IST

Freebies: CAG devising parameters that will ‘red-flag’ subsidies, discounts

Earlier this week, during the CAG’s Audit Advisory Board (AAB) meeting headed by Girish Chandra Murmu, the issue of “financial…

October 23, 2022 11:22 IST

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CAG plans annual fiscal sustainability reports for states

Move amid reports of rising off-budget borrowings by some states

Updated: October 26, 2022 16:44 IST

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Wracked by deficiencies

he finalisation of rates was very low in the tender enquiries issued for rate contracts by MSO.

August 17, 2022 05:45 IST

Tata Communications gross revenue under-reporting led to Rs 645 cr lower govt fee collection: CAG

According to the CAG report, the Department of Telecommunications only levied Rs 305.25 crore as a licence fee (LF) on…

August 9, 2022 12:52 IST

Verify high-risk GST transitional credit claims fast, CAG tells tax board

The audit selected a pan-India sample of 8,514 cases for detailed audit based on data analysis of these 50,000 cases.

August 9, 2022 03:40 IST

CAG asks CBIC to complete verification of GST transitional credit claims

Inconsistencies were also noticed between the CGST and SGST components of GST, and between ITC figures captured in GSTR-3B and…

August 8, 2022 18:45 IST

“Instances of multiple settlements of claims and claim payment in excess of sum insured signify major lapses,” it added.

CAG REPORT: PSU general insurers flouted finmin norms

Breached rules on underwriting, incurring combined loss of Rs 26,364 cr in 5 years through FY21

August 7, 2022 06:30 IST

In a major policy reform, CGDA gets new mandate to audit military and DRDO for Performance and Efficiency

In a major policy reform in defence, issued an order on 14 July, Government directed the Controller General of Defence…

July 22, 2022 15:27 IST

Review spectrum pricing mechanism for captive users to incentivise ministries, CAG tells DoT

The DOS and DoT should work together to identify a suitable technology solution in a manner that both services can…

July 19, 2022 17:19 IST

CAG report shows Delhi govt running in profit, CM Kejriwal says ‘biggest proof of honesty’

The Comptroller and Auditor General (CAG) report tabled in the Assembly on Tuesday said the Delhi government has had a…

Updated: July 6, 2022 10:53 IST

“In India, we have consistently followed the principle of Antyodaya which means no one is left behind,” the CAG said.

Auditors can strengthen e-govt systems: CAG

If the principal beneficiary of e-governance is the people of the country, then the gains of advancement in technology are…

May 24, 2022 03:10 IST

Fake certificates were issued by doctors: SC hints at CAG probe into misuse of Covid death aid

Senior counsel R Basant suggests random examination of relief claims by state legal services authorities

March 15, 2022 08:48 IST

CAG for setting up of time-frame for roll out of simplified GST return forms

The GST return system is still a work in progress despite more than three years of GST rollout, CAG audit…

March 24, 2021 21:50 IST

CAG finds irregularities worth Rs 160 cr in Delhi govt depts

Apex auditor CAG today flagged irregularities to the tune of about Rs 160 crore, including loss of revenue and under-assessment…

June 13, 2016 20:57 IST

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Indian Railways begins mega restoration work after horrific Balasore disaster – See Pics

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