Vinod Rai demits office: A CAG that India will miss - Moneylife

Vinod Rai demits office: A CAG that India will miss - Moneylife
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Sandwiched between a hostile community of beneficiaries of largesse from government via different routes and a government benevolent in showering praises on CAG only when it has to defend itself from opposition attack, Vinod Rai had to assert his stance defending public interest in public on an ongoing basis, which is a tough task for any civil servant in India. If the institution of CAG and the individual have been able to carry on unperturbed, proactive support from media and organisations like Moneylife Foundation did help the process.
The efforts taken by Vinod Rai and his predecessors to sharpen the available tools by infusing expertise into the organisation and by training and educating cadres down below have brought professionalism in the performance of audit function and improved the confidence level of staff. If similar initiatives had come from his counterparts heading several government departments and public sector or statutory organizations, the agony the UPA II government is now subject to would have been much less.
The critiques who are saying that accountant and auditor should bother only about the accuracy of figures are, for reasons best known to them, pleading ignorance of the changes that have happened in the law and practice of accounting and audit and the reforms in the CAG’s office brought about in recent years.
Let us wish Vinod Rai an active, healthy and ‘busy’ post-retirement life pursuing the causes he keeps close to his heart.


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