CAG For Audit Of Some Regulators: KG Basin, 2G Audit Report In 6 Months

Shimla: Under a fast changing economic environment where new modes of service delivery systems are coming about, Comptroller and Auditor General of India, Vinod Rai has sought bringing some regulators, public private partnership contracts and devolution of direct funds, such as that to Panchayati Raj Institutions, National Rural Health Mission program and NGO’s under purview of the state auditor.

As part of the diamond jubilee (1950-2010) celebrations of National Academy of Audit & Accounts, Rai interacting with the media at a meet the press program said that mandate of the CAG Duties and Powers, DPC Act, 1971 did not incorporate provisions for undertaking such audits. “CAG had drafted a new bill for consideration of Parliament, which has sought to increase the scope of undertaking other audits where public money was involved,” he said.Read Full Story