Follow highest professional, ethical standards to prevent collapse: CAG’s G C Murmu to firms

Murmu said that India is the “bright spot” in the world economy today, and it will continue to attract more investment during the ‘Amrit Kaal’. “Today, India is a bright spot in the world economy with high GDP growth, rapid development of infrastructure, encouraging FDI flow — progressing towards the third largest economy in the world.

During Amrit Kaal, this journey will continue attracting more investment, fund flow development, and growth. India has the demographic advantage of a large young population, and it is expected that talented young people like you will have the opportunity to join this journey to lead the country towards Vikshit Bharat,” he said, while underlining the role of CAG in the country.
Murmu added: “The role of CAG assumes significance in the view of our federal multi-party democracy, wherein both the Union and state governments are responsible for the formulation and implementation of a large number of schemes involving substantial public resources…”

Highlighting the independence of CAG, Murmu said: “During the deliberations of the drafting committee of the Constitution, Babasaheb Dr B R Ambedkar had very famously said ‘I am of the opinion that this dignitary or officer is probably the most important officer in the Constitution of India. He is the one man who is going to see that the expenses voted by Parliament are not exceeded, or varied from what has been laid down by Parliament in the Appropriation Act. If this functionary is to carry out the duties — and his duties, I submit, are far more important than the duties even of the Judiciary — he should have been certainly as independent as the Judiciary’.”