IIM Mumbai MoU with CAG of India

“In a significant step towards strengthening economic governance and accountability, IIM Mumbai has signed a Memorandum of Understanding (MoU) with the Comptroller and Auditor General (CAG) of India."

This collaboration focuses on enhancing audit practices across critical sectors such as Oil & Gas, Coal, Defense, Healthcare, Shipping, and Public Distribution Systems, with a special emphasis on inventory management, supply chain, and logistics audits.

Key initiatives under the partnership include:

  • Capacity Building & Customized Auditor Training
  • AI-driven Data Analytics & Technology Integration
  • Research, Policy Advisory & Knowledge Exchange
  • Workshops, Roundtables, and Global Expert Sessions

The MoU was signed by Professor Manoj Kumar Tiwari, Director of IIM Mumbai, in the esteemed presence of Shri K Sanjay Murthy, CAG of India, along with senior officials from both sides.

This strategic collaboration aims to equip auditors with sector-specific expertise, strengthen risk and performance analysis, and promote transparency, accountability, and data-driven auditing excellence in public financial management.

https://www.business-standard.com/india-news/cag-iim-mumbai-sign-pact-on-logistics-supply-chain-inventory-management-125032501203_1.html