Send a Reel

checkthis / Fact checks / Money

Partly true

The Reel says

CAG found 72% of emergency contracts delayed, but interest claim is unsupported?

CAG reported that 72% of army emergency contracts missed delivery timelines, but nothing links these delays to earning interest on public money. A CAG audit report tabled in Parliament confirmed that 72% of emergency procurement contracts examined missed delivery deadlines, taking an average of 154 days for approval instead of 14. Additionally, CBI arrested SMPP CEO Ashish Kansal in October 2026 in a bribery probe involving a Rs 500 crore contract with Munitions India. However, there is no evidence connecting procurement bottlenecks to an intentional scheme to earn interest on public funds.

The Reel we checked▶

The Reel we checked

@indiadecode.in

CAG: 72% of Army’s Emergency Purchases Arrived Late — Who Approved the Delay? A 2018 urgent carbine order was cancelled, then replaced years later by a ₹2,770…

Watch on Instagram ↗

Red flags

Lapse

CAG audit found 72% of army emergency procurement contracts missed delivery deadlines, and average approvals took 154 days instead of 14 days.

“approvals for Army Commander procurements took 154 days instead of the mandated 14 days, while 72% of Emergency Procurement contracts also missed delivery deadlines.” CAG Audit Reveals Army Procurement Delays Despite Special Powers, 2026-08-25

What we checked

Seventy-two percent of army emergency contracts examined by CAG missed their delivery deadlines.“The Comptroller and Auditor General (CAG) has flagged delay in 72 per cent contracts examined under emergency procurement (EP).”CAG flags delays in 72% of Army emergency procurement deals + 1 more
SMPP CEO Ashish Kansal was arrested in a bribery investigation linked to a 500 crore ammunition contract with Munitions India.“The CBI arrested Munitions India executive director Anil Kumar, SMPP CEO Ashish Kansal, and two others for allegedly leaking sensitive defence information and exchanging bribes linked to a Rs 500 cror”CBI arrests defence firm CEO, Munitions India director in ₹500 crore bribery case - CNBC TV18
A 2018 immediate carbine requirement purchase was reportedly cancelled.No reliable source found for this yet.
In December 2025, a 2,770 crore order went to Bharat Forge and Adani-controlled BLR Systems, giving Bharat Forge five years to supply its share.No reliable source found for this yet.
The Navy awarded three contracts worth over 78 crore to ineligible bidders.No reliable source found for this yet.

Our read of the video

Footage displays Indian soldiers, military equipment, and news article overlays alongside caption text.

An AI assessment from the footage alone; watch the video and judge for yourself.

What the Reel doesn't tell you

Short version

🌗 PARTLY TRUE 👉 CAG reported that 72% of army emergency contracts missed delivery timelines, but nothing links these delays to earning interest on public money. 👉 A CAG audit report tabled in Parliament confirmed that 72% of emergency procurement contracts examined missed delivery deadlines, taking an average of 154 days for approval instead of 14. 🔎 Full check: send this Reel to @checkthis.chat

Does this look wrong?

Partly trueCabinet approved IDBI stake sale, but Central Bank and IOB are not up for saleMoney · 2 Nov 2026
TrueAdani's control of Mumbai airports and planned international flight cuts@madhumitalks · Money · 2 Nov 2026
Half the storyBDL issued a single tender to ex-chief's firm, but no contract has been signed@simplifiedsd · Money · 2 Nov 2026

Check a Reel yourself

Send any Reel to @checkthis.chat on Instagram. You get a reply like this in a minute or two.

Send a Reel