Chhattisgarh PSUs' losses surge to ₹1,143 cr as debt outstrips equity: CAG
There were seven PSUs that incurred losses based on their latest finalised accounts at the end of March 2023
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Rethinking disinvestment or temporarily stalled?
Not only is full disclosure of disinvestment not available in public, no account exists to tell its impact, challenges and future course, let alone course corrections.
Radico Khaitan refutes CAG report on excise duty underpayment
CAG report alleges understatement of consumption of input excise material involving excise revenue of ₹1,078.09 crore
From ₹18 cr to ₹250 cr per km: CAG flags high cost of Dwarka Expressway
The planned toll rates of Dwarka Expressway might hinder the recovery of the capital cost of the project, says CAG
CAG raises concern over beneficiary data quality
The CAG’s Performance Audit Report on AB-PMJAY found that registration of multiple beneficiaries against the same or invalid mobile number was noted in the Beneficiary Identification System.
CAG finds 122 cases of illegal mining near allotted areas in Rajasthan
The audit also noticed misuse of 22,854 electronic challans to show fake dispatch of 5.2 lakh MT of mineral from 13 mineral leases where excavations did not happen.
India imports more pearl than the world produces; CAG flags tax evasion risk
The value of pearls imports being much higher than the value of global production of pearls suggests trade mis-invoicing and round-tripping of funds, says CAG.
CAG concern over reliability of data maintained by GST Network
An analysis by the apex auditor of pan-India data provided by GSTN revealed significant data inconsistencies between the taxable value and declared tax liability.
PSU insurers suffer ₹26,364 cr loss in health biz in five years: CAG
The losses in the health insurance business of PSU insurers either wiped out or decreased the profits of other lines of business or increased the overall losses.
UIDAI cancels 4.75 lakh Aadhaars; CAG says strengthen data protection, biometrics
The observations are part of CAG's performance audit on the functioning of UIDAI.
