Who is cag of india

  1. Comptroller and Auditor General (CAG)


Download: Who is cag of india
Size: 36.77 MB

Comptroller and Auditor General (CAG)

Modi government’s special fund for railway safety spent on foot massagers, crockery, winter jackets: CAG report This spending sleight of hand and the sharp rap that the government auditors delivered to the railway czars may never have become public if it weren’t for the triple-train accident last week in Balasore A random audit scrutiny of 11,464 vouchers over four select months — December 2017, March 2019, September 2019 and January 2021 — pertaining to a 48-month period from 2017-18 to 2020-21 and covering two chosen divisions of each zonal railway revealed “incorrect bookings of expenditure” worth Rs 48.21 crore under the safety fund. Arun Jaitley, then finance minister, had said: “For passenger safety, a Rashtriya Rail Sanraksha Kosh will be created with a corpus of Rs 1 lakh crore over a period of five years. Besides seed capital from the government, the railways will arrange the balance resources from their own revenues and other sources.” The genesis of the problems that have enveloped a rickety railway system – touted as the third largest in the world – lies in the manner in which the fund was created, and the money parcelled out to fund someone’s whimsical desires for fripperies and a concertina of low-priority, safety-related spending. This spending sleight of hand and the sharp rap that the government auditors delivered to the railway czars may never have become public if it weren’t for the triple-train accident last week in Balasore. As many as 288 people were ...

Tags: Who is cag of india