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Our Common Wealth

Our Common Wealth

Delhi won the right to conduct the 2010 Common Wealth Games (CWG) in November 2003. Work began in earnest after that, or so we all hoped. The Comptroller & Auditor…

The Rs 34,724 Crore Magic Wand

The Rs 34,724 Crore Magic Wand

Supplementary grants usually take care of all the expenditure that you couldn’t budget for in a Union Budget, the annual federal book keeping exercise. By definition, it’s the extra. We…

Auditing The Auditors

Auditing The Auditors

The Indian Accounts & Audit Service (IAAS) is a branch of the Indian civil services. Members of the IAAS who work for the Comptroller & Auditor General (CAG) can take…

Welcome, The New Auditors

Welcome, The New Auditors

Before we get to the auditors, we still can’t quite fathom when the last round of austerity measures announced over two years ago came to an end. Meanwhile a new…

Government’s Wage Bill Bites

Government’s Wage Bill Bites

A few weeks ago, we reported how, thanks to the 6th Pay Commission salary hikes, even once upon a time blue-chips like telecom company MTNL were careering towards fiscal disaster.…

‘Tracing The Untraceable’

‘Tracing The Untraceable’

The Central Board of Direct Taxes, Ministry of Finance (MoF) on June 8 said it was appointing a fresh committee to `examine suggestions’ in order to find assets that cannot…