CAG of India, Murmu Elected as ASOSAI 2024-2027 Chairman

September 26, 2024

Girish Chandra Murmu, the Comptroller and Auditor General (CAG) of India, has been appointed as the chair of the Asian Organisation of Supreme Audit Institutions (ASOSAI) for the 2024-2027 term. This is important because it places India in a key position in leading public auditing across Asia.

What is ASOSAI?

ASOSAI is a group of 48 Supreme Audit Institutions (SAIs) from across Asia. It focuses on improving how governments audit public spending and ensures transparency and accountability. The 16th ASOSAI Assembly gathered over 200 delegates from 42 countries, including heads of 22 SAIs, to discuss cooperation and better governance practices.

Key Meetings and Discussions

Before the main assembly, several important meetings took place:

ASOSAI Grant Committee reviewed funds for projects.
Strategic Planning Discussions to ensure ASOSAI’s goals for 2022-2027 are on track.
Capacity Development Initiatives to help member countries improve their auditing skills.

New Working Groups

During the assembly, they proposed forming three new working groups:

State-Owned Enterprises Audits (led by SAI Malaysia)
IT Audit and Data Analytics (led by SAI India)
Regional and Municipal Audits (led by SAI Russia)

These groups will focus on specific areas to improve audits and help ensure financial transparency across the region.

Governance and Future Plans

The 60th ASOSAI Governing Board Meeting approved important reports, including:

A mid-term review of the Strategic Plan 2022-2027.
The outcomes of the Bangkok Declaration 2021, which focuses on making auditing more effective.
New collaborations and regulatory reforms were introduced to improve how audits are done.

These developments in ASOSAI show a strong commitment to improving public governance across Asia by making audits more transparent and reliable. This helps ensure that governments are held accountable for how they spend public money.

About the Comptroller and Auditor General of India (CAG)

The CAG of India was established in 1860 and operates under Article 148 of the Indian Constitution. The CAG’s main job is to audit government spending at both the central and state levels to ensure accountability. The President of India appoints the CAG for a six-year term, and its reports are submitted to the Parliament and state legislatures. The CAG plays a crucial role in making sure that public money is used properly.

About Girish Chandra Murmu

G.C. Murmu was born on November 21, 1959, in Betnoti village, located in the Mayurbhanj district of Odisha. He comes from a Santal family. He has a Master’s degree in Political Science from Utkal University and an MBA from the University of Birmingham. Murmu served as the 14th Comptroller and Auditor General of India and was also the external auditor for the Inter-Parliamentary Union.

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