The Comptroller and Auditor General (CAG) of India is the power, initiated under the guidance of the Constitution of India under Chapter V, who inspects all takings and outflow of the Government of India and the state governments, as well as figures and establishments significantly supported by the government.
The CAG is also the exterior examiner of government-owned companies. The information of the CAG is taken into reflection with the permission of the Public Accounts Committees, which are considered as the superior committees in the Parliament of India and the state legislatures.
The CAG too is the head of the Indian Audit and Accounts Service, which has over 58,000 personnel throughout the nation. The CAG is cited in the Constitution of India under Article 148 – 151. The CAG is tiered 10th and takes delight in the same position as a judge of Supreme Court of India in Indian as per priority.
He can quit any time from his office by forwarding the resignation letter to the president. He can also be made aloof by the president on a similar basis and in a corresponding manner as a judge of the Supreme Court. In more terms, he can be detached by the president on the basis of a determination accepted to that consequence by both the Houses of Parliament with the distinct mainstream, either in accordance of demonstrated misconduct or inability.
Powers, functions, and responsibilities
The constitution also recommends that the CAG will not be entitled to additional office either underneath the Government of India or under the government of any state after he has finished 10 hold office. The managerial expenditures of the office of the CAG, counting all salaries, grants and annuities owed to or with regard to person portion in that office are alleged upon the Consolidated Fund of India.
Structure of CAG’S Office
The Indian Audit and Accounts Department (IAAD) is founded by the Comptroller and Auditor General of India (CAG). He is aided by five Deputy Comptroller and Auditors General of India. One of the Deputy CAGs too is the chairman of the Audit Board. Below the Deputy, cags are four Additional Deputy Comptroller and Auditors General of India.
The main objective of the audit is to confirm that money has been functional to the determination or tenacities for which the endowments made by the Parliament were envisioned to offer and that the spending follows the authority which rules it. The audit, therefore, did which turned out to be the key tool under public expenditure, for it is this tool which makes the administrative answerable. It has a dual role to play: firstly, it checks the extent of application by the government servants, of rules and regulations issued in aid of the administration and also, it confirms, in support of the administration, that the actions of the government have been in harmony with the opinions and necessities of the legislature.
It put forward lucid economic reproach on the basis of financial records and a delicate impact on the procedure of sustaining spending and, after it has been acquired, by bringing to attention on the extravagance in communal spending. The staff of the inspection section is continually attentive to sense inexactitudes and blunders in accounts.