You are here: Home » Current Affairs » News » National
Business Standard

Develop ways to detect fraud, contribute to Rs 5 trn economy aim: PM to CAG

He asked the CAG to develop technical tools to root out frauds in departments

Press Trust of India  |  New Delhi 

Develop ways to detect fraud, contribute to Rs 5 trn economy aim: PM to CAG

Prime Minister on Thursday asked auditor to develop technical tools to check fraud in government departments and play a role in making India a $5 trillion economy.

He was addressing a conclave of the Comptroller of Auditor General on transforming audit and assurance in a digital world.

"should look for innovative methods to deal with occupational fraud," he said, adding that the auditor can paly a role in improving governance and efficiency.

Modi said the government wants to move to evidence-backed policy making by 2022 and the can play a role by becoming a think tank and focusing on big data analysis.

"Our target is to make evidence-based policy making a part of governance by 2022,"he said, while stressing that India ia gearing to become a 5 trillion economy.

He asked the CAG to develop technical tools to root out frauds in departments.

First Published: Thu, November 21 2019. 18:21 IST
RECOMMENDED FOR YOU