C&AG HAS PLAYED KEY ROLE IN FOSTERING ACCOUNTABILITY, TRANSPARENCY AND GOOD GOVERNANCE: LOK SABHA SPEAKER.

 

C&AG HAS PLAYED KEY ROLE IN FOSTERING ACCOUNTABILITY, TRANSPARENCY AND GOOD GOVERNANCE: LOK SABHA SPEAKER

C&AG OF INDIA IS LEADING THE WAY GLOBALLY IN ADAPTING TO EMERGING CHALLENGES THROUGH TECHNOLOGY & INNOVATION: LOK SABHA SPEAKER

STRONG FISCAL DISCIPLINE LAYS FOUNDATION OF A ROBUST DEMOCRACY: LOK SABHA SPEAKER

OFFICIALS FROM MANY COUNTRIES COME TO INDIA TO GAIN DEEPER UNDERSTANDING OF OUR AUDIT SYSTEMS: LOK SABHA SPEAKER

EFFECTIVE AUDIT SYSTEMS ENSURE THAT FUNDS ALLOCATED FOR VARIOUS SCHEMES ARE USED EFFICIENTLY: LOK SABHA SPEAKER

 

New Delhi 16 November 2024:(prajaamaravati )Lok Sabha Speaker Shri Om Birla today said that Comptroller & Auditor General (C&AG) has played a key role in fostering accountability, transparency and good governance in the country. Lauding the exemplary role played by C&AG in independent India, Shri Birla said that its rich legacy spanning 161 years has continuously evolved to meet emerging challenges. He noted that C&AG has not only transformed its auditing systems but has also introduced new innovations which has ensured that its work is marked by credibility and authenticity.

Addressing the gathering on the occasion of 4th Audit Diwas in New Delhi today, Shri Birla mentioned that Members of Parliament discuss and scrutinise each and every para of audit reports to ensure that public money is spent judiciously. He said that the audit of the government's performance holds the executive accountable to the public. He observed that strong fiscal discipline lays the foundation of a robust democracy adding that C&AG is contributing purposely in this direction to ensure effective functioning of our democracy.

Shri Birla congratulated the C&AG on successfully hosting the ASOSAI General Assembly and taking over the presidency of ASOSAI for the term 2024-2027. He noted that it is a significant achievement and a testament to the high credibility of the C&AG of India among the supreme audit institutions across the world.

Shri Birla mentioned that officials from countries around the world come to study India’s audit system and learn from it. He informed that through the efforts of the Parliamentary Research and Training Institute for Democracies (PRIDE) of Lok Sabha Secretariat, officials from more than 50 countries have visited PRIDE to gain a deeper understanding of our audit systems. Shri Birla was happy to note that C&AG is leading the way globally in adapting to emerging challenges through use of technology and innovation.

Discussing the role of the Parliamentary Committees, particularly the Public Accounts Committee (PAC), Shri Birla noted that Hon. Members of Parliament discuss audit reports minutely in parliamentary committees and these discussions have played a crucial role in ensuring financial transparency and discipline. He also highlighted the parliamentary tradition of nominating a senior Member of the Opposition as Chair of the Public Accounts Committee. He added that such traditions are the strength of Indian democracy as they ensure that our audit system remains impartial and transparent.

Recalling that earlier, audit was seen as mere criticism, Shri Birla noted that its ambit has now expanded exponentially. He observed that wherever audit systems have been strengthened and made accountable, financial discipline and transparency have followed. 

Shri Birla noted that in the changing times, new technologies such as Artificial Intelligence are being adopted to make our systems even more robust and effective. Shri Birla expressed hope that in the future, the C&AG would continue to play a crucial role in guiding other institutions and departments in the country to improve their efficiency.