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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 PDs, DsG, AsG and PAsG report to Additional Deputy CAG or Deputy CAG. Deputy CAGs are the highest-ranked officers in the service. After training, the Officer Trainees are posted as Assistant Accountant Generals and Assistant Directors at Junior Grade Group A and later promoted to Deputy Accountants General (DAsG) or Deputy Directors (DDs ...
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]
Among other things, the value of Ke and the Cost of Debt (COD) [6] enables management to arbitrate different forms of short and long term financing for various types of expenditures. Ke applies most prominently to companies that regularly generate excess capital (free cash flow, cash on hand) from ongoing operations.
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 ...
CRIF High Mark's other shareholders include State Bank of India, Punjab National Bank, SIDBI, Edelweiss, Shriram City Union Finance, and Alpha, a microfinance institution consortium. [ 16 ] [ 17 ] Established in 1988 in Bologna (Italy), CRIF is a global company specialising in the development and management of credit reporting, business ...
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In 2009 the World Bank had chided the act along with others for hurting development through policy restrictions on internal movement. [12] However in its World Development Report 2014, the World Bank called it a "stellar example of rural development". [13] MGNREGA is to be implemented mainly by gram panchayats (GPs). The law stated it provides ...