While speaking at the inaugural speech of the week-long Audit Diwas celebrations in the presence of Vice-President of India Jagdeep Dhankar, he said the CAG had been able to perform our tasks with a sense of purpose and duty despite the challenges of newer priorities of governance and changing dynamics of work culture in terms of emerging financial accounting systems and new technologies.

Vice-President Jagdeep Dhankar will address former CAGs of India, Accountants General of states, officials of the Government of India and the Indian Audit and Accounts Department, apart from members of the Audit Advisory Board of the CAG.

Comptroller and Auditor General of India (CAG), in a report, flagged 'gross violations' in the purchase of medicines in 2018.

New Delhi [India], August 31 (ANI): India's gross domestic product (GDP) growth surged to 13.5 per cent in the first quarter of the current financial year as compared to 4.1 per cent in the previous quarter, according to the official data released on Wednesday.

Hyderabad (Telangana) [India], August 14 (ANI): Amid the ongoing debate on freebies culture, Telangana Minister KT Rama Rao on Saturday hit out at the Centre stating that the Narendra Modi-led BJP government has completely ignored the welfare of the people and now started the debate on freebies to make the lives of the common man "more miserable".

New Delhi [India], August 5 (ANI): To achieve a target of doubling the average speed of freight trains and increasing the average speed of superfast, mail and express trains by 25 kmph, the Ministry of Railways has envisaged 'Mission Raftaar', the government said on Friday.

New Delhi [India] July 30 (ANI): A Special Court on Saturday granted bail to 4 former Indian Air Force (IAF) officers in the Agusta Westland Chopper Deal corruption case. They appeared on the summons issued by the court on the last date of the hearing.

New Delhi Mar 28 PTI Refuting TDPs charge of misappropriation of about Rs 48000 crore in Andhra Pradesh during the 2020-21 fiscal state Finance Minister Buggana Rajendranath Reddy on Monday said the government did not spent this amount but only made book adjustments because of a faulty financial software introduced by the previous regime Speaking to reporters here Reddy said the current YSRCP government could not make entries of 600-odd bills for an amount of about Rs 48000 crore due to programming errors in the Comprehensive Finance Management System CFMS The CFMS was introduced in 2018 when the TDP was in power to ensure accountability on all payments and track the flow of funds in government departments There were errors in the CFMS as the previous government introduced it hurriedly in 2018 with a private person as CFO Since there were no options in the software to enter certain heads we made only book adjustments There was no fraud and no cash transaction took place Reddy said Asked why his government took such a long time to identify the defects in the CFMS he said Earlier the CFMS was managed by a private person Our government appointed an IAS officer and took time to figure out the loopholes in the system When you are driving on a new road you wont know where the speed breakers would be As soon as the faults were identified the government began to rectify them and more than 80 per cent of errors have been fixed now Reddy said Asked if the Comptroller and Auditor General CAG was informed about the faulty software the finance minister said the government gave clarifications to all the objections raised by it and there may have been some delay by the time the CAG report on accounts was finalised The state finance secretary has written an explanatory letter to the CAG in this regard he added The CAG report on the accounts was presented to the legislature on March 25 Reddy said when the TDP was in power it had also made a book adjustment transaction towards the end of the financial year 2018-19 Last week the TDP had asked the Centre to invoke Article 360 of the Constitution and clamp financial emergency in Andhra Pradesh to protect it from the alleged gross mismanagement by the YS Jagan Mohan Reddy regime PTI LUX LUX ANB ANB

Kolkata Nov 24 PTI Eminent economist and West Bengal BJP MLA Ashok Lahiri on Wednesday requested Chief Minister Mamata Banerjee to publish details of her governments social welfare schemes including the possible beneficiaries to keep the projects free from corruptionHe also urged Banerjee to disclose the amount of money the state has received from the Union government to run centrally sponsored schemesMy request to the chief minister is to publish the names of state government schemes the list of possible beneficiaries area-wise and the eligibility to avail the benefits This is required to make the schemes free from irregularities or corruption Lahiri told a news conference in KolkataLahiri a former chief economic advisor to the Government of India said the fiscal deficit and revenue deficit of the state have increased from what was proposed in the budget of 2020-21 but capital outlay was decreasedThis will affect the future of the young generation in getting jobs within the state the MLA of Balurghat in north Bengal claimedLahiri also said the state government should also publish performance audit report by the CAG in the assembly PTI dc NN NN

New Delhi [India], November 16 (ANI): Underlining the importance of audits for good governance, Prime Minister Narendra Modi on Tuesday said that data is information in the 21st century and stated that in the future history will be dictated by data.