This Report of the Comptroller and Auditor General of India (CAG) relates to matters arising from the performance audits of selected programme s and activities and compliance audits of Government departments and autonomous bodies.
Compliance audit refers to the examination of transactions re lating to expenditure of the audited entities, to ascertain whether the applicable laws, rules, regulations, orders and instructions issued by the competent authorities were being complied with. Performance audit on the other hand, in addition to compliance issues, also examines whether the objectives of the programme/activity/department were achieved economically and efficiently.