Comptroller and auditor general of india

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...

(1) There shall be a Comptroller and Auditor-General of India who shall be appointed by the President by warrant under his hand and seal and shall only be removed from office in like manner and on the like grounds as a Judge of the Supreme Court. (2) Every person appointed to be the Comptroller and Auditor-General of India shall, before he enters upon his office, make and subscribe before the President, or some person appointed in that behalf by him, an oath or affirmation according to the form set out for the purpose in the Third Schedule. (3) The salary and other conditions of service of the Comptroller and Auditor-General shall be such as may be determined by Parliament by law and, until they are so determined, shall be as specified in the Second Schedule: Provided that neither the salary of a Comptroller and Auditor-General nor his rights in respect of leave of absence, pension or age of retirement shall be varied to his disadvantage after his appointment. (4) The Comptroller and Auditor-General shall not be eligible for further office either under the Government of India or under the Government of any State after he has ceased to hold his office. (5) Subject to the provisions of this Constitution and of any law made by Parliament, the conditions of service of persons serving in the Indian Audit and Accounts Department and the administrative powers of the Comptroller and Auditor-General shall be such as may be prescribed by rules made by the President after consultatio...

By Anadi Soni “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. BR Ambedkar Introduction The Constitution of India established an independent office of the Comptroller and Auditor General ( hereinafter as CAG) of India. He is the head of the audit and accounting department in India. He is the treasury manager and controls the entire country’s financial system. On two levels: middle and state. They are responsible for complying with the Indian Constitution and the laws of the Parliament in the field of financial management. The President appoints the Auditor-General and the Auditor-General to exercise all powers related to the Union and National Accounts. The constitution guarantees the independence of Auditors and Auditor General. On August 7, 2020, Girish Chandra Murmu was appointed as the new India Chief Financial Officer and Auditor General (CAG). He was the deputy governor of Jammu Kashmir. Before him, Rajiv Mehrishi took over CAG on September 25, 2017. The agency is responsible for external and internal audits of national and state government expenditures. It is often referred to as the CAG of India. In this article, we will briefly introduce the CAG office and its functions. History Sir Edward Drummond became the first Auditor General in 1860 and u...