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The CAG Final Report tabled in Parliament put the figure at ₹ 185,600 crore (US$22 billion) [38] While the initial CAG report suggested that coal blocks could have been allocated more efficiently, resulting in more revenue to the government, at no point did it suggest that corruption was involved in the allocation of coal.
The CAG also recommends a timely payment of unemployment allowance to the rural poor and a wage material ratio of 60:40 in the NREGA works. Moreover, for effective financial management, the CAG recommends proper maintenance of accounts, in a uniform format, on a monthly basis and also enforcing the statutory guidelines to ensure transparency in ...
As per CAG report for 2008-2009, Kerala PSUs lack accountability, and needs improvement for imbibing professionalism and efficiency. It showed an incurred loss of ₹ 589 crore. Losses in PSUs were attributed to poor financial management, planning, implementation of projects, running of operations and monitoring. [ 6 ]
After the Satyam scandal took place in 2009, the Standing Committee on Finance proposed the concept of the National Financial Reporting Authority (NFRA) for the first time in its 21st report. [3] Companies Act 2013, then gave the regulatory framework for its composition and constitution. The Union Cabinet approved the proposal for its ...
CAG – Commander, Air Group (U.S. Navy, pron. "cag") CAG – Civil Affairs Group. Term used for military members assigned to assist civilian governments with restoring infrastructure (All U.S. branches, pron. "cag") CAGE – Commercial and Government Entity; CALL – Center for Army Lessons Learned; CAP - Combat Air Patrol; CAP - Civil Air Patrol
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Today's Wordle Answer for #1259 on Friday, November 29, 2024. Today's Wordle answer on Friday, November 29, 2024, is HIPPO. How'd you do? Next: Catch up on other Wordle answers from this week.
The CAG Final Report tabled in Parliament put the figure at ₹ 1,856 billion (US$22 billion) [2] On 27 August 2012 Indian prime minister Manmohan Singh read a statement in Parliament rebutting the CAG's report both in its reading of the law and the alleged cost of the government's policies. [3] [4] [5]