NEW DELHI: In an oblique reference to the previous UPA government attacking the federal auditor over its controversial reports on allocation of 2G spectrum and coal blocks, Prime Minister Narendra Modi on Tuesday said there was a time when auditing in the country was looked upon with apprehension and dread with “‘CAG vs government’ becoming the common thought of our system”.
“But today, this mindset has changed. Today, audit is being considered as an important part of value addition,” the PM said after unveiling a statue of Sardar Vallabhbhai Patel at the headquarters of the Comptroller and Auditor General (CAG) here. Stating that the relationship between the government and the auditor has changed because his government has nothing to hide, Modi said, “Earlier, due to lack of transparency in the banking sector, various wrong practices were followed. The result was that Nonperforming assets of banks kept increasing... and were brushed under the carpet. However, we put the truth of the previous governments in front of the country.”
