CAG

☘☘☘CAG☘☘☘

👉Mentioned in Chapter - 5 of Part - 5 of the Constitution

👉Article - 148:- Comptroller and Auditor General of India

👉Salary of CAG comes under Part - E of 2nd schedule of the Constitution

🌱Head of the Indian Audit and Account Dept

🌱Guardian of the Public Purse

🌱First CAG of India- Narhari Rao

🌱Present CAG Of India - Rajiv Mehrishi

🌴Role of CAG - to uphpld the Constitution of India and lawsvof Parliament in the field of Financial Administration. 

👉Salary of CAG is equal to that of a Judge of the Supreme Court

👉The Salary of CAG and his staff and the the administrative expenses of the office are charged upon the Consolidated Fund of India and thus Non - Votable - Article - 148(6)

🌻 B. R Ambedkar describes CAG as - the most important officer under the Constitution of India

🔸Appointment -

👉CAG is appointed by the President of India

👉Holds office for a period of six years or upto the age of 65 years

🔸Removal :-

👉He can resign anytime from the office by addressing the resignation letter to the President

👉Can be removed by President on the basis of a resolution passed by both the Parliament with specail majority either on the ground of proved misbehaviour or incapacity - Article 148(1), Article 124(4)

🍀Duties of CAG :- Article - 149

👉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

👉Audits all expenditure from the Contingency Fund of India and Public Account of India as well as the Contingency Fund of State and the Public Account of each state.

👉Audits all trading, manufacturing, profits and loss accounts, balance sheets and other subsidiary accounts kept by any dept of the Govt and State Govt

👉Audits the receipts and expenditure of the centre and each state

👉Audits the receipts and expenditure of all bodies financed from the Central or State Revenues, Government Companies and other Corporations and bodies

👉Audits all the transactions of Central or State Govt related tp debt, sinking funds, deposits, advances, suspense accounts and Remittance business.

🔸Submits three reports to the Presidents :-

👉Audit reoort on appropriation accounts

👉Audit report in Finance Accounts

👉Audit report in Public undertaking

🌻He advises the President with regard to prescription of the form in which the Accounts of the Centre and the States shall be kept - Article 150

🌻He submits his audit reports relating to the accounts of the Centre to President, who shall, in turn, place them before both the houses of Parliament - Article 151

🌻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 certifies the 'net proceeds' of any tax or duty (Aticle - 279). His certificate is final. The 'net proceeds' means the proceeds of a tax or a duty minus the cost of collection.

🌻He acts as a guide, friend and philosopher of the Public Accounts Committee of the Parliament.

☘☘☘CAG HISTORY☘☘☘

🌿Office of AG was established in 1858 after Indian Revolution of 1857

🌿In 1860, Sir Edward Drummond was appointed as the First Auditor General

🌿In 1866, the position was named as Comptroller and General of Accounts and in 1884 it was designated as Comptroller and Auditor General of India

🌿In 1919, the Auditor General became independent of the Government as Statutory backing was given for the position

🌿The Govt of India Act 1935 further strengthened the position of Auditor General by providing for Provincial Auditors General in a federal set up

🌿In 1949, Indian Constitution provided for the establishment of a Comptroller and Auditor General of India to be appointed by the President of India under Article 148

🌿In 1971, the Central Govt enacted the Comptroller and Auditor General (Duties, Power and conditions of service) Act, 1971. The act made CAG responsible for both accounting and auditing duties for central and state Govt

🌿In 1976 CAG was relieved from accounting functions.