New Delhi, March 9 -- New Delhi: Taking a leaf from the governance practices of leading global universities, the Comptroller and Auditor General (CAG) of India will roll out a new governance and risk-assessment framework from April 2026 to strengthen financial controls and internal management systems in higher education institutions.

The framework will be rolled out in phases, beginning with 66 higher education institutions in the first phase. Of these, 44 are central universities, while the remaining 22 are state universities.

Addressing a stakeholder workshop with representatives from central and state universities, CAG K. Sanjay Murthy said on Monday that the proposed Risk-Controls Maturity Scorecard (RCMS) will act as a self-monitor...