Early Warning System to Detect Fraud

Early Warning System to Detect Fraud indian bureaucracy
Early Warning System to Detect Fraud indian bureaucracy

To detect financial frauds, SFIO is in the process of developing an early warning system and a consulting agency has been engaged to prepare the conceptual framework, the government said today.

In a written reply to the Lok Sabha, Minister of State Arjun Ram Meghwal said the development of EWS (Early Warning System) is an “iterative process”. The system would show results after the framework under development stabilises, he noted.

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