Why did Lok Sabha Speaker praise the CAG for adopting emerging technologies proactively
Discover the significance of the proactive adoption of emerging technologies by the CAG as acknowledged by the Lok Sabha Speaker.
The Lok Sabha Speaker praised the CAG for proactively adopting emerging technologies due to the following reasons:
- Enhanced Efficiency: Adoption of emerging technologies like data analytics and artificial intelligence by the CAG results in improved efficiency in auditing processes.
- Increased Accuracy: These technologies help in more accurate and thorough analysis of financial data and audit reports, reducing errors and fraudulent practices.
- Real-time Monitoring: With proactive adoption of technology, the CAG can monitor government expenditures and programs in real-time, enabling timely interventions.
- Transparency and Accountability: Using emerging technologies fosters transparency in auditing procedures and enhances accountability within the government sector.
- Future Readiness: Being proactive in adopting technology ensures that the CAG remains up-to-date with the latest tools and techniques, positioning them well for future challenges and advancements.
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5 months ago