The Comptroller and Auditor General of India (CAG) is all geared up to revamp its auditing process by integrating it with Big Data Analytics to exploit the data rich environment in the Union and State Governments.
In an effort to overhaul its data repository, the CAG on Tuesday inaugurated the Centre for Data Management and Analytics (CDMA).
“CDMA will help to enhance the efficiency and accuracy of evidence in the audit process and will be a game changer in the field of public audit,” said CAG Shashi Kant Sharma after inaugurating the CDMA.
Sharma realised the challenges posed by such technological developments in the Government and realised opportunities arising from data analytics.
This initiative focuses development of in-house capacity covering the entire workforce pf CAG. Sharma also indicated that this was only the first milestone in the field of Big Data Analytics. He also hinted that the Centre will be located in a separate building once an appropriate location is identified, stated a press release.
Prior to the setting up of the Centre, the CAG brought out a Big Data Management Policy for the Indian Audit and Accounts Department. A Task force was set up to study the policy document and recommend its implementation.
The Task Force in May 2016 recommended setting up this Centre. The Centre is to be equipped with latest analytic tools and infrastructure to assist and guide the Data Analytic Groups constituted in all audit offices of CAG across the country through setting up the data management protocols and steering the data analytic capacity of the department.