
New Delhi: Facing a political storm following CAG reports on alleged scams, the government says it is actively considering a proposal to make the official auditor a multi-member body. Minister of State in Prime Minister's Office V Narayanasamy says Comptroller and Auditor General of India (CAG) has become "more impatient" and he wants that all constitutional bodies to work within their parameters. "It (making CAG a multi-member body) is under active consideration. The government is actively considering it," he said.
Narayanasamy was replying to a question about a suggestion by former Comptroller and Auditor General VK Shunglu that the post of CAG be made a multi-member body. Shunglu suggested that "a three-member body would obtain greater transparency in its operation. One member should possess professional accounting qualifications, Chartered Accountant or its equivalent.
"This should not seem to exclude an Indian Audits and Accounts Service officer from the triumvirate, who has wide exposure to finance, audit and accounts and best international practices in these areas," Shunglu had said in a letter to Prime Minister Manmohan Singh.
Apparently referring to comments made by incumbent CAG Vinod Rai on various occasions, he said, "It is unfortunate (that) the constitutional body in this country is commenting on the government taking some decisions....
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11:20 AM, Nov 11, 2012

New Delhi: Comptroller and Auditor General of India (CAG) Vinod Rai on Wednesday slammed the UPA for its decision-making process, calling it "brazen" and "appalling". Speaking at the World Economic Forum in Guragon on Wednesday, Rai said, "The brazenness with which decisions are being taken is absolutely appalling. Look at the CBI. The CBI is not independent of the Executive. That's why very often everybody writes that the CBI has ...

07:31 PM, Nov 08, 2012

New Delhi: Finance Minister P Chidambaram said on Tuesday that he intended to work with CAG to erase the impression of adversaries in an attempt to restore trust and confidence in all institutions. Addressing a Comptroller and Auditor (CAG) conference in the national capital, Chidambaram said the official auditor and the government have been cast as adversaries to each other in the aftermath of recent audit findings. "Unfortunately, however, some...

12:08 PM, Oct 09, 2012

Congress General Secretary Digvijaya Singh on Friday clarified his comments against the Comptroller and Auditor General of India saying they were not meant for the Constitutional body, but for the person who currently holds the office. In an interview with IBN 18 Editor-in-Chief Rajdeep Sardesai, the Congress General Secretary said that one must wait for the CBI reports on the case to come out before jumping to conclusions. Rajdeep Sardesai:...

01:16 PM, Aug 31, 2012

Lucknow: The state of UP's health has been exposed by a CAG audit of the National Rural Health Mission. The final report, which is yet to be tabled in the UP Assembly, was submitted to the governor on Friday. The CAG has exposed some shocking details. According to it, over Rs 5700 crore are unaccounted for in the six-year audit period from 2005 to 2011. During this period, purchases were...

09:18 PM, Jan 21, 2012

New Delhi: Finding itself admist a raging controversy over comments against it in a draft CAG report, the Oil Ministry has said it will never allow Reliance Industries or any other operator to overbill the government and cause loss to the exchequer. The ministry is in the process of preparing a response to the draft report of the Comptroller and Auditor General of India (CAG), which slammed the oil ministry...

10:59 AM, Jun 19, 2011