CAG ready to meet big data challenges: Sharma
He said that the CDMA will help to enhance the efficiency and accuracy of evidence in the audit process and be a game changer in the field of public audit.
A brainchild of Sharma, the CDMA aims to build up capacity in the Indian Audit and Accounts Department in big data analytics to exploit the data-rich environment in the Centre and State Governments. Sharma had anticipated the challenges posed by such developments in the government and realised opportunities arising from data analytics. This initiative focuses on the development of in-house capacity covering the entire workforce under him.
Sharma also indicated that it was only the first milestone in the field of big data analytics. He also hinted that the Centre will be located in a separate building once an appropriate location is identified.
“Prior to the setting up of the centre, the CAG brought out a big data management policy for the Indian Audit and Accounts Department. A task force was set up to study the policy document and recommend its implementation,” the official press note read.