CAG plans to expand auditing domain to cover PPP projects

CAG plans to expand auditing domain to cover PPP projects
PTI
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First Published: Mon, Oct 13 2008. 06 11 PM IST
Updated: Mon, Oct 13 2008. 06 11 PM IST
New Delhi: The Comptroller and Auditor General (CAG) plans to expand its auditing ambit to include greenfield areas such as public-private partnerships (PPP) and may approach the government for additional powers for undertaking enforcement activities.
“Possible areas include PPP, environment, e-governance, social audit, and regulators. We plan to monitor the expenditure by civic bodies, how money was spent and whether benefits were generated,” said deputy CAG Bharti Prasad on the eve of the 24th Accountants General conference.
President Pratibha Devi Singh Patil would inaugurate the three-day biennial conference of Accountant Generals on Tuesday. Prime Minister Manmohan Singh will deliver the valedictory address at the conference which would be attended by AGs from across the country.
“Among other things, the conference would discuss the issue of seeking powers from the government to undertake audit of PPP projects and check misuse of government funds,” Prasad said.
On further expansion of its auditing work, Prasad said: “We are trying to track the money released from the Consolidated Fund of India (CFI) to its end, even when it goes outside the ambit of government account such as in NGOs. In these cases, we plan to monitor whether the money reached its end, utilised well or still in pipeline.”
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First Published: Mon, Oct 13 2008. 06 11 PM IST
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