CAG lay down its report in the Parliament
CAG lay down its report in the Parliament and raise some serious concern about defense, railway and govt. funded insurance Schemes. Report Highlights:
Railways serving food unfit for humans
Food articles unsuitable for human consumption, contaminated foodstuff, recycled foodstuff, packaged and bottled items past their shelf life and unauthorised brands of water bottles were offered for sale at stations.
Under-reporting of revenue by 5 telcos
CAG found short payments to the tune of Rs 7,698 crore to the government’s exchequer due to understatement of revenues by Airtel Vodafone, Idea Cellular Sistema Shyam TeleServices (SSTL), RCom and Aircel.
Picks holes in crop insurance schemes
The CAG has picked several holes in the crop insurance schemes including Narendra Modi government’s flagship Pradhan Mantri Fasal Bima Yojana (PMBFY), saying delays in release of compensation by states to affected farmers defeated “the objective of providing timely financial assistance.
Slams OFB for critical deficiency in supply of ammunition
The CAG said despite serious concerns highlighted in a high-level report on ‘Ammunition management in Army’ in 2015, no significant improvement took place in the critical deficiency in availability of ammunition and quality of ammunition supplied by the OFB
Comptroller and Auditor General (CAG)
CAG is mentioned in the Constitution of India under Article 148 – 151.
- The Comptroller and Auditor General (CAG) audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government.
- The reports of the CAG are taken into consideration by the Public Accounts Committees (PACs) and Committees on Public Undertakings (COPUs), which are special committees in the Parliament and the state legislatures.
- Current Comptroller and Auditor General CAG of India is Shashi Kant Sharma (12th)