Category: Aviation Industry News
Can CAG audit Air India after the Tata Group takeover?
The Tata Group recently took over Air India, leaving many wondering whether the Comptroller and Auditor General of India (CAG) would be able to conduct audits of the airline. The answer is yes, the CAG can audit Air India after the takeover. The CAG is an independent body with powers to audit any public sector company, including Air India, regardless of who owns it. The CAG is empowered to conduct crucial audits to ensure that public funds are being managed efficiently and in accordance with the applicable laws. Thus, the CAG is likely to continue to audit Air India after the Tata Group takeover.
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