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The Latest Breaking News from CAG

Tamil Nadu top borrower in Fiscal 2023; most borrowing went towards capital expenditure

Tamil Nadu ended fiscal 2022-23 with gross market borrowings of ₹87,000 crore and was the top borrowing State. However, analysts pointed out that the quality of borrowing improved as it was channelised towards capital assets.

The Hindu

CAG team holds brainstorming session with senior officers of 18 Union Ministries

He said an important part of the conversation between the auditors and auditees was the cooperation and prompt response from ministries to access relevant information and documents

The Hindu

Need to revisit current railway projects, says CAG Murmu

Mr. Murmu said the country had one of the largest railway networks which was crucial for its overall transport and logistic planning.

The Hindu

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T.N. non-tax revenue growth projection highest in four years

Tamil Nadu has projected a growth of 32% in its non-tax revenue for 2023-24, the highest in four years

The Hindu

No issues with Annamalai, alliance with BJP continues: AIADMK general secretary Edappadi Palaniswami

AIADMK general secretary Edappadi Palaniswami says, there are no issues between the party and BJP State president Annamalai and the alliance between the two parties continued

The Hindu

Northeast India’s largest coal mine went to a company that violated bidding rules

On March 2, Coal Pulz Private Ltd, a private company registered in October 2020, won the bid for the Namchik Namphuk coal mine in Arunachal Pradesh. With nearly 15 million tonnes of geological coal reserves, Namchik Namphuk is the largest commercial coal mine in northeast India, producing one of the…

Newslaundry

England rugby legend appointed to help investigate WRU allegations

An independent review panel has been finalised which will investigate allegations of misogyny, sexism, homophobia and racism within the Welsh Rugby Union

Wales Online

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How India allowed RP-Sanjiv Goenka firms to beat coal auctions

Modi gov’t ignored CAG warnings and allowed RPSG Group’s shell companies to undercut competition in coal auctions.

Al Jazeera

Edinburgh village residents fight double yellow lines at 'dangerous' junction

Residents say the council has "painted itself into a corner" by introducing the yellow lines.

Edinburgh Live

Asbestos victims share stories of substance's devastating impact in new book

VICTIMS of asbestos-related disease have shared their stories in a new book to highlight the devastating impact of the toxic substance.

The National (Scotland)

What ails our lakes: A tale of vanishing lakes and drains that bring the city to its knees during rain

A year ago, in its report on ‘Performance Audit of Management of stormwater in Bengaluru Urban Area’‘, the CAG had exposed how the Bruhat Bengaluru Mahanagara Palike and other civic agencies had played a role in the vanishing of lakes

The Hindu

U.P.'s Yamuna Expressway Authority paid for land unavailable on record: CAG report

The CAG report mentioned that in its reply, the YEIDA accepted (July 2021) that there was a difference of 1.5935 hectare between area mentioned in the 17 sale deeds and revenue records

The Hindu

Data | Mid-day meal-related food poisoning cases in India at six-year peak

CAG audits blame poor infrastructure, insufficient inspections, irregular licensing and limited reporting

The Hindu

20 forest divisions in U.P. made fraudulent payments against plantation works: CAG report

The registration number of vehicles for which payments were done in the name of tractors were found to be registered as motorcycles, jeeps, scooters and mopeds, the CAG’s report revealed

The Hindu

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The Hindu

Buggana refutes Yanamala allegations on fiscal management

Violations mentioned by CAG were related to TDP regime, says Finance Minister

The Times of India

UPSRTC suffers loss due to delayed implementation of NETC programme

LUCKNOW: It was the failure in the timely implementation of the National Electronics Toll Collection (NETC) programme of the National Highways Authority of India (NHAI) which deprived UP State Road Transport Corporation (UPSRTC) of cashback discount of Rs 14.1 crore on payment of tolls worth Rs 340.4 crore, done manually…

The Hindu

CAG pegs Andhra Pradesh’s off-budget borrowings at ₹86,260 crore in 2020-21

‘The government has not adhered to targets prescribed in the A.P. Fiscal Responsibility & Budget Management Act’

The Hindu

Only 17% of targeted houses of 5.17 lakh constructed: CAG report

Centre withheld ₹1003.55 crore due to non-fulfilment of prescribed condition byKarnataka government

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The Hindu

37 PSUs incurred loss of ₹6,103 crore: CAG report

Bengaluru

The Hindu

Escoms suffered losses due to delayed works, award of contract to ineligible firms: CAG

Incurred an additional expenditure of ₹225.49 crore owing to delay in execution of works

The Hindu

BBMP to form panel for implementing recommendations in CAG report on storm-water drains

Karnataka High Court said that no parallel authority can hold any inquiry or pass order on SWD issue

The Hindu

‘BJP govt developed only 63 km SWDs in three years against requirement of 400 km’

Govt. diverted funds earmarked for storm-water drains towards development of minor roads: Krishna Byre Gowda

The Hindu

22 depts. transferred ₹2,829.02 crore benefit outside DBT portal: CAG

‘Karnataka’s progress is poor because of lack of ICT applications and digitisation of the beneficiaries’ data’

The Hindu

Budget constraints has hit SJM security, says CAG

‘Museum has a staff shortage of 23.5%’

The Hindu

How to reform Tamil Nadu’s ailing power sector

The mess that the State’s power sector has been plunged into cannot be solved without innovative financial remodelling

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