Wednesday 29 May 2013

CAG





New CAG-Shashi Kant Sharma


The Comptroller and Auditor General (CAG) of India is an authority established by the Constitution of India under Chapter V, under Article 148 – 151, who 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.

 CAG is also the external auditor of government-owned companies.

 The reports of the CAG are taken into consideration by the Public Accounts Committees, 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 Service, which has over 58,000 employees across the country. 

The CAG is ranked 10th and enjoys the same status as a judge of Supreme Court of India in Indian order of precedence.

List of members who served as CAG
SL No.
Name of CAG
From -To
1
V. Narahari Rao
1948-1954
2
A. K. Chanda
1954-1960
3
A. K. Roy
1960-1966
4
S. Ranganathan
1966-1972
5
A. Bakshi
1972-1978
6
Gian Prakash
1978-1984
7
T. N. Chaturvedi
1984-1990
8
C. G. Somiah
1990-1996
9
V. K. Shunglu
1996-2002
10
V. N. Kaul
2002-2008
11
Vinod Rai
2008-2013
12
Shashi Kant Sharma
2013
6 years of tenure or 65 years of age, whichever is earlier.



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