Jenny September 13, 2021
Uncategorised

In November 2009, the CAG asked the government to amend the Audit Act of 1971 in order to introduce into the field of CAG all public-private partnerships (PPPs), institutions and Panchayti Raj companies that receive public funds. The amendment also proposes to extend the CAG`s access to information powers under the Audit Act. In the past, nearly 30% of the documents requested by GAC officials have been refused. [28] The PPP model has become a preferred mode for carrying out large infrastructure projects worth millions of rupees, and these projects may or may not fall within the CAG`s audit domain, depending on the sources of funding and the nature of revenue-sharing agreements between the government and private bodies. . . .