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Comptroller and Auditor General (CAG) of India— a body which audits the receipts and expenditures of the central and state governments, and bodies funded by them—observed in its 2010 report that participation of various constituents in a MP's constituency such as residence forum or local NGOs were ignored to understand local needs.
Anybody or authority even though not substantially financed from the Consolidated Fund, the audit of which may be entrusted to the CAG. Grants and loans given by Government to bodies and authorities for specific purposes. Entrusted audits e.g. those of Panchayati Raj Institutions and Urban Local Bodies under Technical Guidance & Support (TGS).
A Municipality, or Municipal Council, is an urban local body that administers a smaller urban area with a minimum population of 100,000 but less than 1,000,000. However, there are exceptions to that, as previously municipalities were constituted in urban centers with a population over 20,000 were reclassified as Municipality even if their ...
Its central civil servants serve in an audit managerial capacity in the Indian Audit and Accounts Department (IA&AD), and are responsible for auditing the accounts of the Union government and state governments, as well as their public commercial enterprises and non-commercial autonomous bodies. [6]
(a) to examine the audit reports and accounts of the Local Bodies as may be selected by the Committee; (b) to examine the reports, if any, of the Examiner, Local Fund Accounts laid on the Table of the House; (c) to examine in the context of autonomy, whether affairs of the Local Bodies are being managed in accordance with the provisions of law;
This local government structure extends up to the district level. The urban local government is commonly referred as "urban local bodies" (ULBs). Municipal corporations, municipal councils, and nagar panchayats are examples of urban local bodies responsible for managing local affairs, such as infrastructure development, public health, and ...
The Comptroller and Auditor General (CAG) of India is an authority, established by the Constitution under Constitution of India/Part V Chapter V/Sub-part 7B/Article 148, who 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.
Based on the performance audit done by C&AG presented in report no. 28 for the year 2010-11, the COPU had the following findings: "Due to unrealistic estimation of reserves/production, OVL has suffered a huge loss of Rs.1182.14 crore during the period 2008-09 and 2009-10.