Left Menu
Development News Edition

CAG should provide ‘insight and foresight’ for improving govt programmes: President

Stating that audit is not an end in itself, but a means to make governments work better, Kovind said there was a need to emphasise that outcome is a more meaningful measure of programme value than output.


CAG should provide ‘insight and foresight’ for improving govt programmes: President
With CAG using data analytics for auditing, Kovind said through the use of such techniques, the institution can assist in not only giving insights for the present but also aid in providing a credible forecast for future. (Image Credit: Twitter)

President Ram Nath Kovind Wednesday called upon official auditor CAG to move towards outcome-based auditing and provide 'insight and foresight' for improving government programmes.

Inaugurating the 29th Accountants General Conference here, Kovind also appreciated the Comptroller and Auditor General (CAG) as an institution for graduating from promoting accountability to ensuring that right things are done in the right and least expensive way.

"Through your financial, compliance and performance audits, you have been providing valuable oversight on operations and giving recommendations for improvement. It is the time, the institution thinks of giving insight and foresight as well," he told the Accountants General.

Stating that audit is not an end in itself, but a means to make governments work better, Kovind said there was a need to emphasise that outcome is a more meaningful measure of programme value than output.

"You may deliberate on how would you as an organisation identify, understand and measure outcome to study the impact of programmes. You may have to realign strategy in a manner that it measures outcome," the President said.

With CAG using data analytics for auditing, Kovind said through the use of such techniques, the institution can assist in not only giving insights for the present but also aid in providing a credible forecast for future.

"With the tools appropriate for managing and examining the expanding data in a digital economy, you are rightly positioned to anticipate long-term trends and emerging issues related to the economy, education, health, environment, national security, among others," he said.

"You are not only the keeper of national accounts but conscience-keeper to the nation and a key partner in India's progress," Kovind told the Accountants General.

(With inputs from agencies.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION/BLOG/INTERVIEW

Beware! Maximum cyber criminals eye your personal data

A report of the World Economic Forum revealed that cyber security is increasingly becoming an issue of public security as the majority of cyber criminals are increasingly targetting individual internet users. This requires preventive measur...

WEF 2020: Trump seems politically correct in pulling out from Paris Agreement

If the survey of the World Economic Forum WEF is believed, Trump seems to enjoy the confidence of his people in flaying climate intuitions and climate activists. His preference for economic development over environmental protection not only...

From home to healthcare, here are Robotic innovations transforming lives

Lovot is equipped with more than 50 sensors such as thermography, microphone array, obstacle detection, and touch sensor to generate motion and emotions in real-time....

Translating words to deeds: Achieving gender parity in access to financial resources

... ...

Videos

Latest News

Kerala Guv reads out references on anti CAA resolution in

Kerala GovernorMohammed Arif Khan on Wednesday read out the references on theanti-Citizenship Amendment Act CAA resolution, passed by thestate assembly, while presenting his policy address of theLeft government in the HouseKhan, who has bee...

Ghaziabad girls get administrative exposure through day-long initiative

As part of the Beti Bachao, Beti Padhao initiative, the district administration here has attached as many as 10 girl school students with the officials for a day so as to give them a glimpse into the functioning of the administration and en...

UN says committed to supporting Palestinians, Israelis resolve conflict as Trump unveils peace plan

UN chief Antonio Guterres said the global body remains committed to supporting Palestinians and Israelis to resolve the conflict on the basis of UN resolutions, international law and bilateral agreements, a day after US President Donald Tru...

Blues end skid with shootout win at Calgary

David Perron and Ryan OReilly scored in a shootout, and the St. Louis Blues earned their first shootout victory of the season in a wild 5-4 road win over the Calgary Flames. The Blues, who lost their first three shootout games of the season...

Give Feedback