Groundbreaking Collaboration to Enhance Public Sector Efficiency

In a significant move to bolster the efficiency and transparency of public sector logistics, the Comptroller and Auditor General (CAG) of India and the Indian Institute of Management (IIM) Mumbai have signed a Memorandum of Understanding (MoU). This partnership aims to leverage IIM Mumbai's academic prowess to refine audit methodologies for logistics, supply chains, and inventory management within government departments.

Specialized Training and Research Initiatives

The collaboration will see IIM Mumbai providing research, advisory services, and specialized training aimed at optimizing logistics and supply chain practices. A customized training course for 45 CAG officials is scheduled for the third week of April, designed to equip auditors with the necessary skills to effectively audit and manage these critical operations.

A Step Towards Better Governance

"This collaboration marks an important step in improving the management, accountability, and efficiency of public sector logistics, supply chains, and inventory management, ultimately contributing to better governance and resource utilization," said Sanjay Murthy, CAG.