CAG Launches New Unit for State Public Sector Audits

Reported about 9 hours ago

India's Comptroller and Auditor General (CAG) has formed a dedicated unit to audit approximately 1,600 state public sector undertakings (PSUs), aiming to enhance the efficiency and speed of audits. This initiative will streamline the auditing process, consolidating information across PSUs for better transparency. CAG is also integrating digital technologies like generative AI and optical character recognition to improve accuracy in audits. Key discussions on this development will occur at the upcoming State Finance Secretaries Conference in September 2025.

Source: YAHOO

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