Cag of india

Functions and role of Comptroller and Auditor General of India. Comptroller and Auditor General of India (CAG) The Constitution of India provides for an independent office of the Comptroller and Auditor General of India (CAG). He is the head of the Indian audit and accounts department. He is the guardian of the public purse and controls the financial system of the country both at the central level and state level. CAG is one of the strongest walls of the democratic system, as the Sir Edward Drummond, in 1860 took charge as the first Auditor General, and the term ‘Comptroller and Auditor General of India’ was used for the first time in 1884. Constitutional Provisions Related to CAG Functions of CAG 1. He audits all transactions of the Central and State Governments related to debts, deposits, funds, etc. 2. He audits the accounts of any other authority when requested by the 3. He advises the President with regard to the prescription of the form as to how the records of Centre and State shall be kept. 4. He submits his report relating to the Centre to the President, who then places it before both houses of Parliament. 5. He submits his report relating to State to the Governor, who then places them before State Legislature. 6. He ascertains and certifies the net proceeds of any tax or duty, and his certificate is final on the matter. 7. He submits three audit reports to the President: a. Audit report on appropriation accounts. b. Audit report on financial accounts. c. Audit re...

Prime Minister Narendra Modi on Tuesday said “Comptroller and Auditor General [CAG] versus government” had earlier become a common thought and auditing was looked upon with apprehension and dread. However, the mindset had now changed and today audit was being considered an important part of value addition. Speaking at the first Audit Diwas, he stated that the CAG had changed rapidly by adopting modern procedures and it was now using advanced analytics tools, geo-spatial data and satellite imagery. The institution had grown in importance and had created a legacy with the passage of time. “In the 21st century, data is information, and in the coming times, our history will also be seen and understood through data. In the future, data will dictate history,” he observed. CAG studies on the current government initiatives could become a source of knowledge and inspiration for future generations. The CAG not just kept track of the nation's accounts, but also did value addition in productivity and efficiency. Therefore, deliberations on the Audit Day and related programmes were part of improvement and improvisation. Earlier, due to lack of transparency in the banking sector, various wrong practices were followed and as a result, non-performing assets (NPAs) kept increasing. “You know very well, how in the past, NPAs were brushed under the carpet. However, we have put the truth of the previous governments in front of the country with complete honesty. We will find the solutions only...

New Delhi [India], June 12 (ANI): The Comptroller and Auditor General (CAG) of India, Girish Chandra Murmu signed Memoranda of Understanding/Agreements for strengthening cooperation and knowledge sharing with SAI Indonesia and SAI Turkiye, today. The MoUs were signed on the sidelines of the Summit of Supreme Audit Institutions-20 (SAI20) in Goa on Monday. The CAG India is the Chair of the SAI20 Engagement Group under India’s G20 Presidency. The delegates from the Supreme Audit Institutions (SAIs) of the G20 countries, guest SAIs, invited SAIs, international organizations, engagement groups and other invitees would are attending the SAI20 Summit. SAIs of Australia, Brazil, Indonesia, the Republic of Korea, Russia, Saudi Arabia, Turkey, Bangladesh, Egypt, Mauritius, Nigeria, Oman, Spain, UAE, Morocco and Poland are participating in person, the CAG office said in a statment. Under the guiding philosophy for India’s Presidency of G20, Vasudhaiva Kutumbkam i.e., “One Earth, One Family, and One Future”, the Comptroller and Auditor General of India had proposed the collaboration of SAI20 Engagement Group on two priority areas, Blue Economy and Responsible Artificial Intelligence (AI), it said. Blue Economy is the Sustainable use of ocean resources for economic growth, improving livelihoods, and jobs while preserving the ecosystem. With AI making greater inroads into governance, SAIs must inevitably prepare themselves for auditing AI-based governance systems. Simultaneously SAIs m...

Goa [India], June 12 (ANI): The second SAI20 Summit under India's G20 Presidency began today in Goa. Girish Chandra Murmu, the Comptroller and Auditor General (CAG) of India, as the Chair of the Supreme Audit Institutions-20 (SAI20) Engagement Group, led the deliberations. In his opening address, CAG highlighted that the Supreme Audit Institutions have a crucial role to play in the audit of Blue Economy and Responsible AI to ensure good governance, transparency and accountability and to optimise their positive impact on humankind. Blue Economy is the sustainable use of ocean resources for economic growth. CAG further stated that the audit of Blue Economy and Responsible AI is challenging and close cooperation among the SAIs for knowledge sharing and capacity building is needed. While recognizing the importance of sustainability, growth and the role of emerging technologies, he informed that the SAI20, priority areas - "Blue Economy" and "Responsible Artificial Intelligence" represents the new-age opportunities and concerns and these underline the need for genuine cooperation. Further, while discussing the possibility and perils of AI, CAG emphasized that it was essential that policymakers put in place processes to responsibly harness the potential of this technology. Earlier, Goa Governor PS Sreedharan Pillai inaugurated the second SAI20 Summit of the SAI20 Engagement Group under the Indian Presidency of the G20. Amitabh Kant, G20 Sherpa also graced the occasion. The SAI20...

Modi government’s special fund for railway safety spent on foot massagers, crockery, winter jackets: CAG report This spending sleight of hand and the sharp rap that the government auditors delivered to the railway czars may never have become public if it weren’t for the triple-train accident last week in Balasore A random audit scrutiny of 11,464 vouchers over four select months — December 2017, March 2019, September 2019 and January 2021 — pertaining to a 48-month period from 2017-18 to 2020-21 and covering two chosen divisions of each zonal railway revealed “incorrect bookings of expenditure” worth Rs 48.21 crore under the safety fund. Arun Jaitley, then finance minister, had said: “For passenger safety, a Rashtriya Rail Sanraksha Kosh will be created with a corpus of Rs 1 lakh crore over a period of five years. Besides seed capital from the government, the railways will arrange the balance resources from their own revenues and other sources.” The genesis of the problems that have enveloped a rickety railway system – touted as the third largest in the world – lies in the manner in which the fund was created, and the money parcelled out to fund someone’s whimsical desires for fripperies and a concertina of low-priority, safety-related spending. This spending sleight of hand and the sharp rap that the government auditors delivered to the railway czars may never have become public if it weren’t for the triple-train accident last week in Balasore. As many as 288 people were ...

"I am of the opinion that this dignitary or officer is probably the most important officer in the Constitution of India. He is the one man who is going to see that the expenses voted by Parliament are not exceeded, or varied from what has been laid down by Parliament in the Appropriation Act." —Dr. B.R Ambedkar Who is the CAG? • CAG is an independent authority under the Constitution of India. • He is the head of the Indian audit & account department and chief Guardian of Public purse. • It is the institution through which the accountability of the government and other public authorities (all those who spend public funds) to Parliament and State Legislatures and through them to the people is ensured. • Shri Girish Chandra Murmu is the incumbent CAG of India. How did the Office of the CAG come into Being? • Office of the Accountant General was established in 1858 (the year the British took over administrative control of India from the East India Company). In 1860 Sir Edward Drummond was appointed as the first Auditor General. • Meanwhile after some restructuring the Auditor General of India came to be called the Auditor and Accountant General to the Government of India. • In 1866, the position was renamed Comptroller General of Accounts, and in 1884, it was re-designated as Comptroller and Auditor General of India. • Under the Government of India Act 1919, the Auditor General became independent of the government as statutory backing was given for the position. • The Governme...

Girish Chandra Murmu (born 21 November 1959) is the 14th Early life and education [ ] G.C. Murmu was born on 21 November 1959 in Betnoti village of Career [ ] In 2001, when Murmu's career took off in 2004 when he was made joint secretary of the Gujarat Home Department, which was headed by [ citation needed] On 31 October 2019, Murmu took charge as the 1st Lieutenant Governor of Jammu and Kashmir after the formation of the new Union territory of On 8 August 2020, he was appointed as the See also [ ] • References [ ] • The Times of India. 6 August 2020 . Retrieved 20 February 2021. • ANI (20 November 2020). The Economic Times . Retrieved 20 February 2021. • www.un.org . Retrieved 27 December 2020. • www.jagranjosh.com. 21 November 2020 . Retrieved 17 July 2021. • Deccan Herald. 25 October 2019 . Retrieved 25 October 2019. • PTI (7 August 2020). The Times of India . Retrieved 26 January 2021. • The Week . Retrieved 17 November 2019. • Das, Anand ST (1 November 2019). 'A Tribal Boy Got a Big Opportunity': GC Murmu's Mother Elated over His Appointment as J&K's L-G". News18 . Retrieved 19 February 2020. • Economic Times. 27 October 2019 . Retrieved 8 February 2020. • ETGovernment.com. 27 October 2019 . Retrieved 12 February 2021. • The Outlook. 25 October 2019. • • www.newindianexpress.com . Retrieved 25 July 2022. • Service, Tribune News. Tribuneindia News Service. • NDTVIndia (in Hindi). 8 August 2020 . Retrieved 22 August 2020. Political offices Precededby