CAG Shashi Kant Sharma inaugurates data analytics centre

This initiative focuses on development of in-house capacity covering the entire workforce working under him

Shashi Kant Sharma
Shashi Kant Sharma
Press Trust of India New Delhi
Last Updated : Sep 06 2016 | 4:31 PM IST
Comptroller and Auditor General of India Shashi Kant Sharma on Tuesday inaugurated here the Centre for Data Management and Analytics which will synthesise and integrate relevant data for auditing.

"The CAG's Centre for Data Management and Analytics (CDMA) is going to play a catalytic role to synthesise and integrate relevant data into auditing process," Sharma said, while inaugurating the centre.

He said CDMA will help in enhancing the efficiency and accuracy of evidence in the audit process and will be a game changer in the field of public audit.

A brainchild of Sharma, CDMA aims to build capacity in the Indian audit and accounts department in big data analytics to exploit the data-rich environment in the union and state governments, said a release.

This initiative focuses on development of in-house capacity covering the entire workforce working under him, it added.

Sharma said this was only the first milestone in the field of big data analytics. The centre, in future, will be located in a separate building once an appropriate location is identified.

The centre is to be equipped with latest analytic tools and infrastructure to assist and guide the data analytic groups constituted in all audit offices of CAG across the country. This will be done via setting up the data management protocols and steering the data analytic capacity of the department.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 06 2016 | 4:13 PM IST

Next Story