The state government had got done an intensive study for modernisation in financial management and strengthening of internal audit project by a specialist firm in the past, a spokesman said here on Monday.

Based on the final report submitted by the firm, the project was approved in 2003 itself, but could not be implemented because of some reasons, the spokesman said.

"It will, however, be implemented now following today's directions of the Chief Minister," he said.

State's internal auditor will be responsible for fixing standards, policies and procedures as well as the task of implementing it in various departments, the spokesman added.

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