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PAC chair Brian Stanley says C&AG report shows 'taxpayer is failing to achieve value for money'

Stanley said it is ‘difficult to put into context the level of expenditure that is being lost by the state each year and the level of potential revenue that is being forgone’. ....

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Kerala PSUs incurred loss of Rs 1,222 crore, 53 PSUs earned profit: C&AG report

Thiruvananthapuram (Kerala) [India], June 10 (ANI): The loss incurred by Public Sector Undertakings (PSUs) in Kerala has increased to Rs 1,222.06 crore in 2018-19 from Rs 536.37 crore in 2014-15, according to the Comptroller and Auditor General of India (C&AG) report tabled in State Assembly on Thursday. ....

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Chidambaram for CAG-driven audit on vaccines

“The mystery of the ‘missing vaccines’ is deepening every day”, he says ....

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Kerala Assembly passes motion to reject C&AG report on KIIB

Kerala Assembly passes motion to reject C&AG report on KIIFB
ANI |
Updated: Jan 22, 2021 15:53 IST
Thiruvananthapuram (Kerala) [India], January 22 (ANI): Amidst strong opposition from United Democratic Front (UDF), an unprecedented resolution presented by Kerala Chief Minister Pinarayi Vijayan against Comptroller & Auditor General s (C&AG) report was passed by Kerala Assembly here on Friday through the vote on account.
Moving the resolution under Rule 118 in the Kerala Assembly, the Chief Minister said, There are rules and regulations in place to conduct C&AGaudit. What happens if you consciously override the procedures that have been in place for ages?
The resolution rejected the remarks regarding Kerala Infrastructure Investment Fund Board (KIIFB) from Page no 41 to 43 of the state financial audit report of the C&AG. ....

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C&AG report on KIIFB prepared with eye on Assembly polls, says Kerala Finance Min

C&AG report on KIIFB prepared with eye on Assembly polls, says Kerala Finance Min
ANI |
Updated: Jan 19, 2021 20:17 IST
Thiruvananthapuram (Kerala) [India], January 19 (ANI): A day after Comptroller and Auditor General (C&AG) report rapped Kerala government over Kerala Infrastructure Investment Fund Board (KIIFB), Finance Minister Thomas Isaac alleged that the audit report was prepared with political interest eyeing the upcoming Assembly polls in the state.
In my opinion, there is the political influence behind preparing such an audit report eyeing upcoming Kerala assembly polls. But their intentions failed miserably after it was opposed strongly by us, said Kerala Finance Minister addressing a press conference here on Tuesday. ....

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