Prime Minister Narendra Modi on Thursday asked Comptroller and Auditor General of India (CAG) to develop technical tools that iron out any chances of fraud in organisations. The prime minister said that both internal and external auditors need to find innovative methods to catch frauds and the core values of auditors must need to be encouraged for the same. “Only then can we tighten the noose or occupational fraud. In the last few years, a lot of attempts have been made to control fraud in governmental organisations. CAG needs to develop technical tools that iron out any chances of fraud in organisations,” PM Modi said at Accountants General and Deputy Accountants General Conclave in Delhi.
PM Modi also asked CAG to limit itself to data and procedures and contributor to good governance. “CAG cannot remain limited to data and procedures but should come forward as a catalyst for good governance. I am pleased that you're committed to making CAG as CAG plus,” PM Modi said.
The prime minister 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 to become a 5 trillion economy.
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