Functions,Power,Term, Appointment,Salary and List of Comptroller and Auditor General of India-CAG
The constitution of India article 148 provides for an independent office of the comptroller and Auditor General of India.
He is the head of the Indian Audit and Accounts department. He is the guardian of the public purse and control the entire financial system of the country at both the levels - the Centre and the State.
Who does appoint Comptroller and Auditor General of India CAG?
The CAG is appointed by the President of India by a warrant under his hand and seal. The CAG before taking over his office makes and subscribe before the president an oath or affirmation:
- To bear true faith and allegiance to the constitution of India;
- to uphold the sovereignty and integrity of India;
- to duly and faithfully and to the best of his ability, knowledge and judgement perform the duties of his office without fear or favour, affection or ill - will;
What is the term length of CAG?
The CAG hold office for a period of six years or up to the age of 65 years, whichever is earlier.
He can resign anytime from his office by addressing the resignation letter to the president.
He can also be removed by the president on same grounds and in the same manner as a judge of the Supreme Court.
What are the duties and powers of CAG
The constitution's article 149 authorises the Parliament to prescribe the duties and powers of the CAG in relation to the accounts of the Union and of the states and of any other authority or body.
He audits the accounts related to all expenditure from the consolidated fund of India, consolidated fund of each state and consolidated fund of each union territory having a Legislative Assembly.
He audits all expenditure from the contingency funds of India and the public account of India as well as the contingency fund of each state and the public account of each State.
He audits all trading and manufacturing, profit and loss accounts, balance sheet and other subsidiary accounts kept by any department of the central government and state government.
He audits the receipt and expenditure of the centre and each state to satisfy himself that the rules and procedures in that behalf are design to secure and effective check on the assessment, collection and proper allocation of revenue.
He audits all transactions of the central and state government related to debt, sinking funds, deposits, advances, suspense account and remittance business.
He also audits receipts, stock accounts and others, with approval of the president, or when required by the president.
He audits the accounts of any other authority when requested by the president or Governor.For example, the audit of local bodies.
He submits his audit report relating to the accounts of the centre to President, who shall, in term, place them before both the houses of Parliament (article 151).
He advises the president with regard to prescription of the form in which the accounts of the centre and the state shall be kept (article 150).
He submits his audit reports relating to the accounts of a state to Governor, who shall, in turn, place them before the state legislature -(article 151).
He ascertains and certisfies the net proceeds of any tax or duty (article 279).His certificate is final. The 'net proceeds' means the proceeds of a text or a duty minus the cost of collection.
He act as a guide, friend and philosopher of the Public Accounts Committee of the parliament.
He Compiles and maintains the accounts of state governments.
In 1976, he was relieved of his responsibilities with regard to the compilation and maintenance of accounts of the central government due to the separation of account from audit, that is, departmentalisation of accounts.
The CAG submit three audit report to the president- audit report on appropriation accounts, audit report on finance accounts and audit report or public undertakings.
The president lays these reports before both the houses of Parliament. After this, the public accounts committee examine them and reports its finding to the Parliament.
The appropriation accounts compare the actual expenditure with the expenditure sectioned by the Parliament through the appropriation act , while the finance accounts show the annual receipts and disbursements of the union government.
Who is the CAG of India in 2020?
Shri G.C.Murmu is the CAG of India.
List of Comptroller and Auditor General (CAG) of India
- V. Narahari Rao. 1948 - 1954
- A. K. Chanda 1954 - 1960
- A. K. Roy 1960 - 1966
- S.Ranganathan 1966 - 1972
- A. Bakshi 1972 - 1978
- Gian Prakash 1978 - 1984
- T.N. Chaturvedi 1984 - 1990
- C. G. Somiah . 1990 - 1996
- V. K. Shunglu 1996 - 2002
- V. N. Kaul 2002 - 2008
- Vinod Rai. 2008 - 2013
- Shashi Kant Sharma 2013 - 2017
- Rajiv Mehrishi 2017 - 2020
- G. C. Murmu 2020 ........
What is the salary of Comptroller and Auditor General of India?
The salary of Comptroller and Auditor General of India is
₹250,000 (US$3,500) Per Month
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