Government, oil firms inflated PAHAL subsidy savings: CAG

The Comptroller and Auditor General of India (CAG) on Friday said in a report that the government and the oil marketing companies had overstated savings on subsidy due to implementation of direct benefits transfer on liquid petroleum gas (LPG), or the PAHAL scheme. The CAG claimed that 92 per cent of the Rs 23,316.21 crore the government saved in subsidy payout in 2015-16 occurred due to a drop in crude oil

CAG red-flags $1.6 billion excess cost recovery by RIL

NEW DELHI: Government auditor CAG has red- flagged $1.6 billion of excess cost recovered by Reliance Industries in the KG-D6 gas block and took note of state-owned ONGC's gas flowing into the eastern offshore fields of the Mukesh Ambani-led firm. The Comptroller and Auditor General of India (CAG), in a report tabled in Parliament, said 831.88 sq km of KG-D6 area needs to be taken away from RIL as per the

CAG suggests cuts in censor board’s way of working

A scrutiny by the Comptroller and Auditor-General of 175 records from April 2013 in the Central Board of Film Certification has found that the time taken to issue certificates for films for distribution ranged between three and 491 days. The finding appears to endorse a common grouse among film-makers that certification is delayed inexplicably. As the Shyam Benegal Committee has made recommendations to fix the problems

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Anandiben offers to quit as Gujarat chief minister

About two months ahead of her 75th birthday, Anandiben Patel has offered to step down as Gujarat’s first woman chief minister. In a social media post, she asked the Bharatiya Janata Party (BJP) leadership to relieve her of the top responsibility in the state. Citing examples of party members who have stepped down after attaining the age of 75, Anandiben Patel said she was following the same. “Since sometime, senior party

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CAG of India signs 11 UN Audit reports

Shri Shashi Kant Sharma, Comptroller & Auditor General of India, is currently in New York to attend the 70thRegular Session of the United Nations’ Board of Auditors, held at the UN headquarters, New York.  Shri. Shashi Kant Sharma, along with Auditor Generals of Tanzania, Shri. Mussa Juma Assad and of the United Kingdom, Shri. Amyas Morse approved and signed 11 UN Audit reports today, as approved by the