‘Major deficiencies in Army’s ammunition reserves

‘Major deficiencies in Army’s ammunition reserves’: (The Hindu) (Follow up audit on Ammunition Management in Army) Context The Comptroller and Auditor General (CAG) has presented a bleak picture of the Army’s War Wastage Reserve (WWR) ammunition. The report tabled on Friday is a follow-up audit on the measures taken after the CAG’s earlier report on… Continue reading ‘Major deficiencies in Army’s ammunition reserves

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Audit slams Railways on food quality:

Audit slams Railways on food quality: (The Hindu) Context A Comptroller and Auditor General (CAG) report tabled in Parliament has found severe deficiencies in the catering services of the Indian Railways. The result of Joint inspection There are deficiencies in respect of quality of food served were noticed. The food available to travelers are unsuitable… Continue reading Audit slams Railways on food quality:

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Once hero, now ‘white elephant’:

Once hero, now ‘white elephant’: (Once a pride, INS Vagli lies unattended) Context: Decommissioned in 2010, the Russia-designed submarine INS Vagli currently lies idle at the Chennai port. She proudly served the Indian Navy and the nation for over 36 years. Introduction: The maritime heritage museum was expected to be displayed on a 30-acre stretch… Continue reading Once hero, now ‘white elephant’:

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The RBI’s harsh prescription: 

The RBI’s harsh prescription:  Context Reserve Bank of India (RBI) cited 12 accounts for reference under Insolvency and Bankruptcy Code and also mentioned that RBI will notify revised provisioning norms for cases accepted under the code. The RBI directives RBI has mandated banks to set aside at least 50% of the loan amount as probable… Continue reading The RBI’s harsh prescription: 

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NITI Aayog: An institution to fix implementation issues: 

NITI Aayog: An institution to fix implementation issues:  Context: NITI Aayog is responsible of monitoring and evaluating government schemes but its performance is below par Introduction: In his last month’s radio address, Prime Minister Narendra Modi appreciated the importance of constructive criticism in strengthening democracy and the government’s performance. Background: Governments in the past have… Continue reading NITI Aayog: An institution to fix implementation issues: 

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MPC members to get Rs. 1.5 lakh per meet, must disclose assets:

MPC members to get Rs. 1.5 lakh per meet, must disclose assets: (MPC members to get Rs 1.5 lakh per meet) Context: RBI says that govt appointees on the Monetary Policy Committee will be paid Rs 1.5 lakh per meeting along with air travel and other reimbursements. Introduction: The silent period and confidentiality requirements will… Continue reading MPC members to get Rs. 1.5 lakh per meet, must disclose assets:

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