PM Modi asks CAG to develop innovative methods to check frauds in govt departments

"CAG should look for innovative methods to deal with occupational fraud," PM Modi said adding that the auditor can play a role in improving governance and efficiency. He said the government wants to move to evidence-backed policy making by 2022 an...

Agencies
PM asked the CAG to develop technical tools to root out frauds in departments.
NEW DELHI: Prime Minister Narendra Modi on Thursday asked auditor CAG to develop technical tools to check frauds in government departments and play a role in making India a USD 5 trillion economy.

He was addressing a conclave of the Comptroller of Auditor General (CAG) on transforming audit and assurance in a digital world.

"CAG should look for innovative methods to deal with occupational fraud," he said adding that the auditor can play a role in improving governance and efficiency.


Modi said the government wants to move to evidence-backed policy making by 2022 and the CAG can play a role by becoming a think tank and focusing on big data analysis.

"Our target is to make evidence-based policy making a part of governance by 2022,"he said, while stressing that India ia gearing up to become a USD 5 trillion economy.

He asked the CAG to develop technical tools to root out frauds in departments.
ADVERTISEMENT
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › PM Modi asks CAG to develop innovative methods to check frauds in govt departments
Text Size:AAA
Success
This article has been saved

*

+