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Comptroller and Auditor General (CAG) report

CAG raises questions over Rs 52,424-crore bank loans for projects in Odisha

CAG raises questions over Rs 52,424-crore bank loans for projects in Odisha
The Comptroller & Auditor General of India (CAG) has raised questions about the legal sanctity of land documents on the basis of which corporate houses setting up steel, aluminium, cement and power projects in Odisha have drawn bank loans to the tune of approximately Rs 52,424 crore. The CAG’s questions with regard to the legality [...] Continue Reading »

Bellandur lake on stake!

Bellandur lake on stake!
Bellandur lake is the largest lake in the Bangalore city and is spread across 900 acres. A total of Rs 1.91 crore has been spent on restoration of the lake in the city. However, the lake is very far from what it looks restored. According to a Comptroller and Auditor General (CAG) report, restoration work [...] Continue Reading »



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