E-PaperComptroller News
Manoj Sinha defends allocation of microwave spectrum
Telecom Minister Manoj Sinha cited the 2012 Supreme Court ruling, which had cancelled allocations done on the first-come-first-serve basis, to say that backhaul spectrum was not covered under the judgment
2 min read16 Jan 2019India likely to overshoot fertiliser subsidy bill by $4.2 billion for FY18-19
A rise in fertiliser prices overseas and a fall in the rupee currency also made imported fertilisers more expensive
2 min read14 Jan 2019All spectrum allocated through auction, but will look into CAG observation: Ravi Shankar Prasad
Microwave access (MWA) spectrum is allocated to telecom operators for short distances to provide mobile services.
1 min read10 Jan 2019CAG indicts Modi govt for masking fiscal, revenue deficits
CAG has recommended the government consider instituting a policy framework for off-budget financing, which should include a disclosure about its rationale and objective to parliament
2 min read16 Jan 2019CAG pulls up SAIL for huge coking coal imports
SAIL requires about 15 million tonnes coking coal annually, of which 12-13 million tonnes is imported, CAG noted in its latest report
1 min read19 Aug 2018Opinion: Is the Narendra Modi govt putting its money where its mouth is?
The latest data from the Controller General of Accounts provides some clues about the spending priorities of the Narendra Modi government in 2017-18
3 min read5 Jun 2018CAG backs rail fare hike as operating ratio drops to lowest since FY2001
In its report on rail finances presented in Parliament, CAG said 2016-17 operating ratio of Indian Railways is the worst since 2000-01 when it was 98.34%
2 min read14 Mar 2018Govt recovered less than 9% service tax arrears in FY17: CAG
The government revenue department had an opening balance of Rs2,658.31 crore in arrears to be realized in 2016-17, but with an addition of Rs6,176.31 crore during the fiscal, the total went up to Rs8,834.62 crore
2 min read19 Dec 2017Rajiv Mehrishi appointed new CAG of India
New Comptroller and Auditor General of India Rajiv Mehrishi will aim to expand the CAG's ambit to include auditing the social impact of public spending
1 min read26 Sep 2017Former home secretary Rajiv Mehrishi to be next CAG of India
Rajiv Mehrishi, a 1978 batch (retired) Indian Administrative Service (IAS) officer of the Rajasthan cadre, completed his two-year fixed term as the home secretary last month
1 min read24 Sep 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared