GOVERNMENT / PUBLIC FINANCE

CAG audits of PSUs must stay

By framing the debate as one of protecting the 'autonomy' of PSUs from 'microcontrol by government', some pink papers are trying to confuse readers into thinking that CAG audit is a governmental intervention, which it is not. The CAG's role is constitutionally enshrined for ensuring accountability of PSUs, writes Himanshu Upadhyaya.