CAG Rajiv Mehrishi says 100% audit possible, but this needs to be done.

CAG Rajiv Mehrishi Wednesday said the official auditor will be able to conduct 100 per cent audit of expenditures incurred and revenues earned by the government provided all the transactions are conducted on IT platform. Emphasising on the need for greater independence of the institution of the Comptroller and Auditor General of India (CAG), Mehrishi quoted B R Ambedkar saying that the father of the Indian Constitution had recognised the value of the institution and its independence.

Stating that at present the government is incurring huge expenditure on welfare projects, Mehrishi said it is essential that every rupee spent is properly accounted for. Speaking at the 29th Accountants General conference, he said the 158-year old CAG is constantly reviewing its systems, with a focus to improve audit effectiveness and changing paradigm of the government.

"If we can ensure that all transactions of the government are on IT platform, and are non-repudiable then you can conduct audit of 100 per cent of transactions and move towards a goal, that we have always aspired for, which is...