ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Defence Deals: CAG Should Play a Positive Role

Under the Indian Constitution, the CAG acts as a guardian of national finance and it is his responsibility to see that public funds are not misused. If therefore the government wants that CAG clear certain categories of defence deals, the proposal should be welcomed as a significant step towards probity and transparency in procurement. Similarly, if the CAG had adopted a more proactive role and certified the valuation of PSUs before their privatisation under the NDA regime, the public would have been assured that fair returns had been secured in the sale of public assets.

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