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CAG will uncover crony capitalism: Rai

By The Assam Tribune

Cambridge (Massachusetts), Feb 7 � Comptroller and Auditor General (CAG) of India Vinod Rai, whose reports on various scams had raised hackles of those in government, today said the public auditor would endeavour to uncover instances of crony capitalism and counselled the government to support enterprises per se and not entrepreneurs, reports PTI.

�We may not be able to wipe out corruption, but our endeavour is to uncover instances of crony capitalism. Government should be seen to support enterprise per se and not particular entrepreneurs,� he said in a lecture at the Harvard Kennedy School here.

Rai, who was been criticised by the Indian government for reports on various scams like in telecom, coal etc., said adding the role of a public auditor cannot be confined to merely placing its report in Parliament.

He said: �Should we as public auditors limit our role to placing reports in Parliament or go beyond that and seek to sensitise public opinion on our audit observations especially so in social sector audits such as rural health, primary education, water pollution, environment, drinking water etc.�

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CAG will uncover crony capitalism: Rai

Cambridge (Massachusetts), Feb 7 � Comptroller and Auditor General (CAG) of India Vinod Rai, whose reports on various scams had raised hackles of those in government, today said the public auditor would endeavour to uncover instances of crony capitalism and counselled the government to support enterprises per se and not entrepreneurs, reports PTI.

�We may not be able to wipe out corruption, but our endeavour is to uncover instances of crony capitalism. Government should be seen to support enterprise per se and not particular entrepreneurs,� he said in a lecture at the Harvard Kennedy School here.

Rai, who was been criticised by the Indian government for reports on various scams like in telecom, coal etc., said adding the role of a public auditor cannot be confined to merely placing its report in Parliament.

He said: �Should we as public auditors limit our role to placing reports in Parliament or go beyond that and seek to sensitise public opinion on our audit observations especially so in social sector audits such as rural health, primary education, water pollution, environment, drinking water etc.�

More in Entertainment
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