From Yahoo Finance: 2025-06-18 07:40:00

India’s CAG establishes a new unit for auditing 1,600 state PSUs to enhance efficiency. The vertical aims to streamline audits and consolidate information for transparency. Digital transformation with AI and OCR will improve accuracy. A risk assessment model and advanced tools will elevate the auditing framework.

The State Finance Secretaries Conference in September 2025 will address these developments. CAG assures hiring CA firms for autonomous bodies won’t compromise autonomy but strengthen audits. Selection of CA firms for 30 locations is underway. The new vertical and technology advancements will be key agenda items for discussion.

Read more: CAG establishes new vertical for state public sector audits