Is CAG under government?

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Is CAG under government?

In 1971, the central government enacted the Comptroller and Auditor General of India (Duties, Powers, and Conditions of Service) Act, 1971. Murmu is the current CAG of India. He assumed office on 8 August 2020.

What are the duties of the Comptroller and Auditor General of India?

—It shall be the duty of the Comptroller and Auditor-General to audit all receipts which are payable into the Consolidated Fund of India and of each State and of each Union territory having a Legislative Assembly and to satisfy himself that the rules and procedures in that behalf are designed to secure an effective …

Which Government bodies accounts are not audited by CAG?

Q. The accounts of which of the following are not audited by CAG? Notes: Comptroller and Auditor General of India audits the receipts and expenditure of State Governments, Government Companies and Central Government. The audit of local bodies is not done by CAG.

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Which reports CAG submit to President?

Article 151 – Audit Reports The reports of the Comptroller and Auditor-General of India relating to the accounts of the Union shall be submitted to the president, who shall cause them to be laid before each House of Parliament.

Can the Office of the CAG perform a propriety audit?

The office can perform a propriety audit, that is, it can look into the ‘wisdom, faithfulness and economy’ of government expenditure and comment on the wastefulness of such expenditure. However, unlike the legal and regulatory audit, which is obligatory on the part of the CAG, the propriety audit is discretionary.

Is CAG’s jurisdiction over coal blocks excessive?

In the recent past CAG’s reports on 2G, Coal blocks allocation, Delhi Airport PPP have made the Government very uncomfortable with the audit findings. In order to defend its position, some members of the ruling party have raised questions about CAG’s jurisdiction and observed that he has exceeded his mandate.

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Who is the Comptroller and Auditor General of India (CAG)?

The Constitution of India provides for an independent office of the Comptroller and Auditor General of India (CAG). He is the head of the Indian Audit and Accounts Department. He is the guardian of the public purse and controls the entire financial system of the country at both the levels- the centre and state.

Can CAG audit public-private partnership (PPP) investments?

Since the legislation, the government has increased its participation with the private sector through the PPT (public-private-transfer) and BOT (build-own-transfer) model. However the rules have not undergone a significant change and CAG does not have the power to audit PPP (Public Private Partnership) investments.

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