Bring public expenditure under purview of audit: CAG
Quotes

Bring public expenditure under purview of audit: CAG

Last Updated: Sunday, October 16, 2011, 23:22
 
 Comment 0
 
Bring public expenditure under purview of audit: CAG
Shimla: Comptroller and Auditor General (CAG) Vinod Rai Sunday underlined the need for amending the CAG's mandate to bring all public expenditure within the purview of public audit.

He highlighted that audit laid great emphasis on interaction with the institution under audit.

"Dialogue is absolutely essential both for the smooth conduct of audit and for successful outcome from the audit," Rai observed at a two-day seminar on 'CAG's audit mandate' that concluded at the National Academy of Audit and Accounts here Sunday.

In his inaugural address Saturday, Union Rural Development Minister Jairam Ramesh had advised the auditors to appreciate and be sensitive to the genuine constraints faced by the executive in implementation of government programmes.

"While the executives should interact with the auditors and use the audit recommendations as an input for good governance, the auditors should also be sensitive and appreciate the genuine constraints faced by the executive in implementation of the programmes," he said.

Seven secretaries of the government of India, principal secretary (finance) of some states and higher officials of the CAG across the country participated in the seminar.

IANS



First Published: Sunday, October 16, 2011, 23:22


Comments


comments powered by Disqus
Samsung Galaxy Tab 4 Nook
Samsung Galaxy Tab 4 Nook
BMW-X3
BMW-X3
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
Honda Mobilio MPV
Honda Mobilio MPV

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved