The peoples Representatives – How to keep them in check?

psaram42 - 8-JAN-2011

 The front page story by Kushala of the Bangalore mirror about our minister Ashoka though on the verge of being a “gossip” its seriousness cannot be ignored.

BMTC audit by CAG

vinod_shankar - 21-MAR-2010

Recently CAG  had done a audit of BMTC , an article has been published on the same in business standard.

http://www.business-standard.com/india/news/bmtc-profitsdownward-curve/389290/

Some of important points in the report

1.For year-ended March 2009, the corporation has reported a 60.6 per cent drop in the net profit at Rs 55.18 crore, compared to the previous year.

2. an operating loss of Rs 20.6 crore compared to an operating profit of Rs 70.8 crore for 2008-09 as against the previous year.

3. The earnings per kilometre (KM) was Rs 24.63 and expended Rs 23.28 per KM during the year.

4.carried an average of 3.66 million passengers per day

5. the number of trips operated by the corporation increased to 25 million in 2008-09 from 16 million in 2004-05, the percentage of trips checked to the trips operated declined 1.17 per cent from 1.65 per cent in 2004-05

vinod

Right to Information (RTI) act

psaram42 - 14-JAN-2010

 RTI is a powerful tool provided by the Government of India and in tern by each of the individual States. Of late TOI and many news papers have taken the RTI route to expose scams themselves. To days TOI carried the details of the RWA meet organized by the paper yesterday (Wednesday).

KSRTC’s profits are all blown up: CAG

murali772 - 26-FEB-2009

The Karnataka State Road Transport Corporation (KSRTC) overstated profits by a total of Rs 126.42 crore in 2007-08, says the report of the Comptroller and Auditor General of India (CAG) for the year. KSRTC, in its accounts earlier, had shown a profit Rs 40.54 crore in 2007-08. This means the KSRTC had actually incurred a loss of Rs 85.88 crore in 2007-08.

Karnataka's Accountant General - dead or alive?

silkboard - 15-DEC-2008

Ever been to the CAG website? Its of interest because it provides useful data on how select government departments are doing with tax payer's money. Look at this report on NAL (National Aero Lab) for example, and see how CAG details NAL's failure to meet its targets. Or see this report on allotment of housing by DDA. Don't we wish Karnataka too had a CAG like body to audit the likes of BDA and BBMP?

CAG seeks greater powers

murali772 - 10-OCT-2008

The Comptroller and Auditor General (CAG) is firming up a proposal seeking powers commensurate with those enjoyed by other investigative agencies like CBI, Enforcement Directorate and Income Tax.