Tag: CAG

Andhra Pradesh faces debt burden of Rs 3.73 lakh crore: CAG

By Surya Desaraju AMARAVATI: The Andhra Pradesh government’s gross debt burden has increased to Rs 3,73,140 crore by the end of November 2020. CAG’s latest accounts revealed that from April to November 2020 alone Rs 73,811.85 crore was borrowed from different sources as against the annual target of Rs 48,295.59 crore for the whole year. […]

CBI registers 2 more FIRs in Rs 25,000 Jammu and Kashmir land scam case

NEW DELHI: The Central Bureau of Investigation (CBI) has registered two more FIRs linked to the Rs 25,000-crore Roshni land scam against the Revenue Department officials and others in Jammu and Kashmir (J&K), taking the total number of cases to seven so far. The probe agency took over these cases in pursuance to the J&K […]

Andhra’s borrowings in first half of fiscal year far exceed revenues

NEW DELHI: The Andhra Pradesh government’s borrowings for the first half of the 2020-21 fiscal far exceeded revenues and the revenue deficit touched a staggering Rs 45,472.77 crore, according to the state finance accounts released by the Comptroller and Auditor General (CAG). It said the state borrowed Rs 55,169.84 crore from different sources in the […]

Extend loan automatically to all eligible borrowers without fear of CBI, CVC and CAG: Nirmala Sitharaman to banks

NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Saturday said banks have been asked to extend loans automatically to eligible borrowers without fear of 3Cs — CBI, CVC and CAG. She said clear instructions have been given in a meeting with CEOs and MDs of public sector banks and financial institutions on Friday that the […]

CAG Rajiv Mehrishi should recuse himself from auditing Rafale deal: Congress

NEW DELHI: The Congress on Sunday said Comptroller and Auditor General (CAG) Rajiv Mehrishi should recuse himself from auditing the purchase of 36 Rafale fighter jets from France because he was the finance secretary when the deal was being negotiated. It would be improper for Mehrishi to present the report in Parliament, the Opposition party […]

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