Don’t miss the latest developments in business and finance.

Punjab govt to introduce internal performance audit

Image
Press Trust of India Chandigarh
Last Updated : Jan 24 2013 | 2:10 AM IST

This audit, which will be totally different from the regular audit being conducted by the Comptroller and Auditor General of India, is to ensure optimum utilisation of government money, an official spokesman said here today.

Deputy Chief Minister Sukhbir Singh Badal has asked the Principal Secretary to Chief Minister S K Sandhu to prepare a comprehensive proposal.

He said this audit would not be confined only to financial audit but would also cover the performance of schemes, optimum utilisation of funds and human resources.

Badal clarified that the internal audit was in line with that being conducted by various private reputed companies and he was hopeful that once fully operational it would increase the efficiency and effectiveness of government departments.

  

Also Read

First Published: Sep 16 2012 | 6:05 PM IST

Next Story