V-P Radhakrishnan hails ‘guardian of the public purse’ on 5th Audit Diwas

He further described the CAG’s reports as factual, evidence-based, and central to the ‘moral wealth’ of Bharat. Radhakrishnan commended the CAG for introducing “One Nation, One Set of ObjectHeads of Expenditure” for both Union and State Governments — a reform that will significantly improve transparency and comparability in government spending.Highlighting India’s progress in AI, big data, blockchain, and machine learning, the Vice-President expressed satisfaction that the CAG, through initiatives such as the One Indian Audit and Accounts Department (IAAD) One System, AI-based audit frameworks, and several other measures, has incorporated technology, predictive analytics, and generative AI into the core of public financial management.



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