[ecis2016.org] The CAG India is responsible for making sure that public funds are being used efficiently and for the intended purposes.
The office of the Comptroller and Auditor General of India, better known as the CAG India, was established under Article 148 of the Indian Constitution. Empowered to audit books of central, state and all the government authorities in the country, the CAG India could be described as the auditor of government books.
You are reading: CAG India: All you want to know about Comptroller and Auditor General of India
In 1971, the central government enacted the Comptroller and Auditor General of India (Duties, Powers, and Conditions of Service) Act, 1971, to lay down the roles and responsibilities of the Comptroller and Auditor General of India.
[ecis2016.org] All about Indian accounting standards (Ind AS)
CAG India duties
Read also : Tier 2 cities in India: Will 2022 be the year of real estate boom in these cities?
With its vision of being the ‘initiator of national and international best practices in public sector auditing and accounting and recognised for independent, credible, balanced and timely reporting on public finance and governance’, the CAG India makes sure that public funds are used efficiently and for the intended purposes. Known as the ‘Guardian of the Public Purse’, the CAG India performs the following duties:
- The Comptroller and Auditor General of India performs duties in relation to the accounts of the union and state governments and of any other government authority or body.
- The accounts of union and states should be kept in the form advised by the CAG India.
- The CAG India’s reports about the central government should be submitted to the president who lays them before each house of parliament.
- The CAG India reports about the state governments should be submitted to the governor who lays them before the legislative assembly.
[ecis2016.org] All about filing an RBI complaint along with RBI complaint email ID, number and process
CAG India: Key facts
Who was the first CAG of India?
V Narahari Rao
Who appoints the CAG India?
The president of India appoints the CAG India.
To whom does the CAG India report?
Read also : PIL in HC alleges collusion between north MCD, builders
The CAG India, which is the head of the Indian Audit and Accounts Department, reports to the president of India.
Who is the current CAG India?
At present, Girish Chandra Murmu holds the post of CAG India. Murmu assumed the CAG India office on August 8, 2020.
What is the office tenure of CAG India?
The Comptroller and Auditor General of India holds office for six years or till 65 years of age, whichever is earlier.
List of the CAG of India
| Name | Tenure |
| Girish Chandra Murmu | 2020-Present |
| Rajiv Meharishi | 2017-2020 |
| Shashi Kant Sharma | 2013-2017 |
| Vinod Rai | 2008-2013 |
| VN Kaul | 2002-2008 |
| VK Shunglu | 1996-2002 |
| CG Somiah | 1990-1996 |
| TN Chaturvedi | 1984-1990 |
| Gyan Prakash | 1978-1984 |
| A Bakshi | 1972-1978 |
| S Ranganathan | 1966-1972 |
| AK Roy | 1960-1966 |
| AK Chandra | 1954-1960 |
| V Narhari Rao | 1948-1954 |
| Sir Birtie Staig | 1945-1948 |
| Sir Alaxander Cameron Bandenoch | 1940-1945 |
| Sir Ernst Burdon | 1929-1940 |
| Sir Frederic Gauntlett | 1918-1929 |
| Sir RA Gamble | 1914-1918 |
| Sir Frederic Gauntlett | 1912-1914 |
| Robert Woodburn Gillanx | 1910-1912 |
| OJ Barrow | 1906-1910 |
| Arthur Frederick Cox | 1898-1906 |
| S Jacob | 1891-1898 |
| E Gay | 1889-1891 |
| James Westland | 1881-1889 |
| W Waterfield | 1879-1881 |
| EF Harrison | 1867-1879 |
| RP Harrison | 1862-1867 |
| Hon. Edmund Drummond | 1860-1862 |
Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org
Source: https://ecis2016.org
Category: Lifestyle
