CAG to audit rural development expenditure

27 Oct 2011

1

The comptroller and Auditor General of India (CAG) will start scrutinizing all expenditure incurred in rural development works, beginning next week, union minister for rural development Jairam Ramesh said today, adding that people have a right to know how the money was being spent.

"This is absolutely essential when hundred thousand crore of rupees are spent by the government all over the country for rural development. The people have a right to know...So the expenditure has to be subjected to CAG audit," Ramesh told reporters in New Delhi.

CAG, Ramesh said, would also conduct a performance audit of schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA) in eleven states irrespective of the political party in power there.

The minister said he already had three rounds of discussions with the CAG and it has been agreed that a special accountants general would be assigned for auditing rural funds.

"I will demand the highest standards of transparency and accountability in the expenditure of rural development funds," the minister said.

Latest articles

Musk ramps up SpaceX moon plans as Bezos accelerates Blue Origin in race against China

Musk ramps up SpaceX moon plans as Bezos accelerates Blue Origin in race against China

Indians can now travel to 56 destinations without prior visa as passport ranking improves

Indians can now travel to 56 destinations without prior visa as passport ranking improves

CEO says EU’s IRIS2 must match Starlink on price and performance

CEO says EU’s IRIS2 must match Starlink on price and performance

Applied Materials jumps 12% as AI chip demand drives strong revenue forecast

Applied Materials jumps 12% as AI chip demand drives strong revenue forecast

Opening the silos: India approves 3 million tonnes of wheat and product exports

Opening the silos: India approves 3 million tonnes of wheat and product exports

Capgemini beats 2025 revenue target as WNS acquisition boosts AI-driven growth

Capgemini beats 2025 revenue target as WNS acquisition boosts AI-driven growth

The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy

The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy

France-backed Eutelsat beats revenue estimates as Starlink rivalry intensifies

France-backed Eutelsat beats revenue estimates as Starlink rivalry intensifies

Germany’s Stark reportedly crosses €1 billion valuation after fresh funding round

Germany’s Stark reportedly crosses €1 billion valuation after fresh funding round