CAG RECONSTITUTES AUDIT ADVISORY BOARD

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CAG has reconstituted the Audit Advisory Board to advise the CAG in matters relating to audit and suggest improvements in the scope, performance and focus of audit within the framework of the Constitutional and statutory mandate of the CAG. The Board consists of Dr. Abid Hussain, Former Ambassador, USA, Dr. Y.K. Alagh, Vice Chancelllor, Sardar Patel Insitute for Economic Research, Shri N.R. Narayan Murthy, Chairman, Infosys Technologies Limited, Shri P.K. Pachauri, Director, Tata Energy Research Instiute, Shri M.A. Pathan, Resident Director, Tata Services Limited, Shri U.R. Rao, Chairman, Physical Research Laboratory Council, Shri R. Bhupathy, President Institute of Chartered Accountants of India, Shri P. Shankar, Centr! al Vigilance Commissioner, Lt. Gen (Retd) D.V. Kalra, Shri J.S. Mathur, Retired Deputy CAG, Shri I.I.M.S. Rana, Former Chairman, Railway Board and Shri N. Rangachari, Former Chairman CBDT & IRDA. Shri P.K. Brahma, Ms. Sudha Rajagopalan and Shri S. Sathyamoorthy, Deputy Comptroller and Auditors General will be ex-officio members of the Board.

The members will function in an honorary capacity for a period of two years from the date of their nomination. The first meeting of the Board is scheduled to be held in February 2004.

The reconstitution of the board is particularly relevant at a time when the role of public audit is being reviewed to make it more purposeful. A perspective Plan of the CAG’s organisation has been finalized in 2003 in the backdrop of the liberalization of the Indian economy and the changing role of Government in this context.