Amidst a row over CAG audit of Reliance Industries’ KG-D6 gas block, the Rangarajan Committee has said official auditor CAG need not audit RIL’s CBM blocks as they are governed by different contractual regime.
A panel headed by Chairman of Prime Minister’s Economic Advisory Council, C Rangarajan, said in its report last week that Coal Bed Methane (CBM) blocks do not have elements of cost recovery and so CAG audit “may not be required”.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/no-need-cag-audit-cbm-blocks-rangarajan-panel
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hoshangabad-d
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/madhya-pradesh
[7] http://admin.indiaenvironmentportal.org.in/thesaurus/comptroller-and-auditor-general-india-cag
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy