Cag
Oct 05, 2020 11:00
The federal auditor has said that the funds amounting to Rs 52.18 crore out of Rs 623 crore was released between 2012 and 2016 for the construction of 400 police stations or outposts in 83 LWE-hit districts of 10 states read more
Oct 02, 2020 08:36
According to the IMF’s World Economic Outlook of June, 2020, the global economy is projected to contract sharply by 4.9% in 2020, experiencing the worst recession since the Great Depression, and far worse than the global financial crisis, GC Murmu said read more
Sep 28, 2020 19:23
About Rs 4.72 lakh crore could not be spent in the financial year ended March 2019 due to various reasons, including regulation of spending, short transfer against budget estimate, reversal of expenditure and shortfalls in performance, they said requesting anonymity. read more
Sep 28, 2020 18:57
This overrides the offset policy that required foreign vendors to invest in the country to boost indigenous capabilities at least 30% (it could go up to 50%) of the value of all contracts worth more than Rs 300 crore awarded to them. read more
Sep 28, 2020 09:15
Till September 2019, MEA had already released Rs 18.87 crore for the museum read more
Sep 26, 2020 16:45
A recent report prepared by the Comptroller and Auditor General (CAG) pointed out “short crediting” of Rs 47,272 crore cess in the non-lapsable GST Compensation Cess Fund. The amount was collected for 2017-18 and 2018-19 read more
Sep 26, 2020 16:33
Time taken in reconciliation of compensation receipts can’t be termed as diversion of GST cess fund when the dues to states were fully released by the central government, they said. read more
Sep 24, 2020 23:21
In its report tabled in Parliament on Wednesday, the country’s top auditor pointed out that several offset contracts built into multiple defence deals had “not yielded the desired results”. The observations were part of CAG’s scrutiny of a raft of offset contracts — including the Rs 59,000 crore Rafale deal — between 2005 and 2018. read more
Sep 24, 2020 11:05
CAG said the choppers were flying with limited capability, attributing the situation to “poor planning and indecision” read more
Sep 24, 2020 02:58
According to the CAG report, the defence ministry stated as recently as October 2019 (the first Rafale was handed over in France on October 8, 2019) that the vendors had not yet been able to confirm their capability for technology transfer. read more
Sep 24, 2020 00:04
The report says that the Ministry of Home Affairs (MHA) had approved 12,518 posts in the city police with advice to operationalise 3,139 posts first and then the remaining 9379 posts after deployment of 3139 personnel on ground. read more
Sep 24, 2020 00:02
Lack of running water, poor maintenance and unavailability of separate toilets for girls continue to be the bane of Indian school goers, according to the CAG report tabled in Parliament on Wednesday. read more
Sep 24, 2020 00:01
The operating ratio measures expenditure as a proportion of revenue or the amount spent on every 100 rupees earned by the state-owned transporter. A higher ratio indicates poorer ability to generate a surplus. read more
Sep 23, 2020 21:18
Lack of running water, poor maintenance and unavailability of separate toilets for girls too continue to affect school students, according to the CAG report tabled in Parliament on Wednesday. read more
Sep 23, 2020 20:30
The operating ratio measures expenses as a proportion of revenue or the amount spent on every rupee earned. A higher ratio indicates poor ability to generate surplus. read more
