Role and position of controller and auditor general of india
Answers
The Comptroller and Auditor General (CAG) of India is an authority, established by Article 148 of the Constitution of India, which audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government. The CAG is also the external auditor of Government-owned corporations and conducts supplementary audit of government companies, i.e., any non-banking/ non-insurance company in which Union Government has an equity share of at least 51 per cent or subsidiary companies of existing government companies. The reports of the CAG are taken into consideration by the Public Accounts Committees (PACs) and Committees on Public Undertakings (COPUs), which are special committees in the Parliament of India and the state legislatures. The CAG is also the head of the Indian Audit and Accounts Department, the affairs of which are managed by officers of Indian Audit and Accounts Service, and has over 58,000 employees across the country.
Comptroller and Auditor General of India
CAG HQ LOGO.png
Logo of Comptroller and Auditor General of India
Shri Rajiv Mehrishi (cropped).jpg
Incumbent
Rajiv Mehrishi, IAS
since 25 September 2017
Nominator
Prime Minister of India
Appointer
President of India
Term length
6 yrs or up to 65 yrs of age
(whichever is earlier)
Inaugural holder
V. Narahari Rao
Deputy
Deputy Comptrollers and Auditors General of India
Salary
₹250,000 (US$3,500) per month[1
CAG-
comptroller and auditor general of India
the main role of CAG is to audit accounts of govt and to comment on wastefulness or extravagance of expenditure and technicality or legally receipts of revenue. Appointment and Oath.
CAG of India is appointed by the President of India under his seal and sign.