Centre violated law, used funds for GST compensation elsewhere: CAG
This led to an overstatement of revenue receipts and understatement of fiscal deficit for the year.
This led to an overstatement of revenue receipts and understatement of fiscal deficit for the year.
As per the offset policy, a certain percentage of the deal value with foreign firms should flow into India as foreign direct investment.
Murmu had on August 5 abruptly resigned as the LG of Jammu and Kashmir.
There was a critical shortage of snow goggles ranging from 62 per cent to 98 per cent.
As per the CAG report, the surplus of the state has consistently declined from Rs 1,137 crore in 2015-16 To Rs 314 crore in 2017-18 despite heavy devolution from the Government of India.
CAG asked the state to ensure better tax compliance as well as recommending that it should explore mobilizing additional resources through tax revenues.
Marathwada’s 28,523 perennially drought-affected villages pray desperately that the rains will be kinder this year; Kerala’s Groundwater Department serves notice about the state heading into a severe drought with groundwater levels in most parts declining from 75 cm to 2 metres; and Tamil Nadu, already a victim of the parsimonious north-east monsoon, declaring 24 entire districts drought hit along with 38 blocks in seven districts.
The CAG is not a bloodhound. He is always referred to as a constitutional watchdog. There is of course an inherent systemic issue when a committed bureaucrat is appointed as CAG. He might then tend to become an extra loyal lapdog
Excess expenditure aggregating Rs 1,156.80 crore was incurred during 2017-18 without obtaining prior approval of Parliament, the CAG report “Financial Audit” of the Accounts of the Union Government said.
In an application filed before the top court, the government said it is seeking correction with regard to two sentences in paragraph 25 of the judgment delivered on Friday.
