What is the role of CAG's setting up of Supreme Audit Institution iCAL in Rajkot
CAG announces setting up of Supreme Audit Institution iCAL in Rajkot.
1. Strengthening Accountability: The setting up of Supreme Audit Institution iCAL in Rajkot by the Comptroller and Auditor General (CAG) aims to strengthen accountability in the region.
- Promoting Transparency: iCAL will promote transparency in government financial transactions through rigorous audit processes.
- Enhancing Efficiency: It will help in identifying inefficiencies and misuse of resources, leading to improved governance practices.
- Empowering Citizens: The institution will empower citizens by providing them with access to reliable information on government spending.
- Ensuring Compliance: iCAL will ensure that government agencies adhere to financial rules and regulations, averting financial misconduct.
- Encouraging Good Governance: By monitoring public spending, iCAL will encourage good governance and foster trust in public institutions.
Answered
a year ago