Tag: CAg

Rs 1157 Cr Spent by Finance MInistry Without CAG’s Approval
News, Analysis

Rs 1157 Cr Spent by Finance MInistry Without CAG’s Approval

SMEStreet Desk- February 13, 2019

The Ministry of Finance spent Rs 1,157 crore on various heads during 2017-18 without obtaining prior approval of Parliament, the Comptroller and Auditor General (CAG) ... Read More

Ravishankar Prasad: All Spectrum Allocation Happened Through Auction
LimeLight

Ravishankar Prasad: All Spectrum Allocation Happened Through Auction

SMEStreet Desk- January 11, 2019

“Every spectrum was allocated through auction,” Ravi Shankar Prasad said on sidelines on an NIC event when asked about the shortcomings found by CAG in ... Read More

CAG Gives Restructuring Recommendation to Air India
Analysis, Digital India

CAG Gives Restructuring Recommendation to Air India

SMEStreet Desk- March 12, 2017

CAG in its report on 'Turnaround Plan and Financial Restructuring Plan of Air India Limited' said that rationalisation of routes should be continued. Read More

How CAG Caught ONGC for Over Stating Crude Oil Production
Energy, InFocus

How CAG Caught ONGC for Over Stating Crude Oil Production

SMEStreet Desk- August 9, 2016

According to latest report by CAG, ONGC shelled out Rs 18,787 crore in excess subsidy over 3 years as it 'over- reported' crude oil production ... Read More

RBI should be audited: Shashi Kant Sharma, CAG
Analysis, Finance

RBI should be audited: Shashi Kant Sharma, CAG

SMEStreet Desk- July 2, 2016

There is a need to consider financial regulator like the Reserve Bank of India (RBI) to be audited, said Comptroller and Auditor General of India ... Read More

Empower Banks to Cut Losses of NPAs Without the 3C Fear: ASSOCHAM
Analysis, Finance

Empower Banks to Cut Losses of NPAs Without the 3C Fear: ASSOCHAM

SMEStreet Desk- June 13, 2016

With a view to containing non-performing assets (NPAs) in banks, the government should empower the boards of the public sector banks to deal with the ... Read More

CAG Pointed out Deficiencies in Expenditures by MSME Ministry
Analysis, News

CAG Pointed out Deficiencies in Expenditures by MSME Ministry

SMEStreet Desk- May 14, 2015

Pointing out lapses on part of the MSME Ministry, Government auditor CAG in its Financial Audit report has said that the analysis brought to light ... Read More