Audit Reports of CAG
Here are the audit reports of the CAG of India regarding the account of the Union, account of the states and public accounts committee of India:
- The report of the CAG regarding the account of the Union is submitted to the President of India; he again submits it before the Parliament for their reconsideration.
- The reports of the CAG regarding the accounts of the States are submitted to the Governor; he then submits it before the state legislature.
- The Public Accounts Committee of India examines the annual audit report of the CAG of India.
The CAG is the unbiased head of the audit and accounts system of India. The constitution of India has ensured his/her smooth functioning without interference from the executive in terms of his/her appointment, terms of service, salary, and removal. It is his duty to uphold the ideals of the Constitution of India and laws of the Parliament in the sphere of financial administration. The functions of the CAG are very important in Indian parliamentary democracy to ensure accountability and transparency. He thus has been guaranteed the freedom to perform his functions freely and independently without any interference, and act as the ‘Guardian of Indian Purse’.
CAG – Comptroller and Auditor General of India
CAG of India: The Comptroller and Auditor General (CAG) of India holds one of the most pivotal offices in the country; the CAG controls the entire financial system of the country (Article 148) both at the Union level as well as the state level.
On 7th August 2020, Girish Chandra Murmu was appointed as the CAG (Comptroller and Auditor General) of India. He was the lieutenant governor of the Jammu and Kashmir Union Territory.
Dr. B.R. Ambedkar had addressed the CAG as the most important officer under the Constitution of India as he is the guardian of the public purse, and he must ensure that funds from the Consolidated Fund of India or a state are not spent without the authority of the appropriate legislature. He is the pivot of the audit and accounts system of India.
Girish Chandra Murmu – CAG of India
Table of Content
- About CAG of India
- Appointment and Tenure of CAG
- Responsibilities and Powers of CAG
- List of CAG( Comptroller and Auditor General) of India
- Impact of CAG’s work on Governance
- Challenges Faced by CAG
- Audit Reports of CAG
- UPSC Prelims Questions on CAG of India