Comptroller and Auditor General (CAG) of India

CAG of India flagged ₹570 crore irregularities in Indian Railways, underscoring its vital role in ensuring financial accountability under Article 148 of the Constitution.

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Context

  • Recently, the Comptroller and Auditor General (CAG) of India highlighted major financial irregularities and operational inefficiencies in Indian Railways, with total lapses amounting to 570+ crore.

About CAG

  • Established under Article 148 of the Constitution.
  • Acts as the guardian of the public purse and oversees the entire financial system of the Centre and States.
  • Ensures adherence to the Constitution and laws enacted by Parliament in matters of financial administration.
  • Serves as a bulwark of India's democratic system by ensuring financial accountability and transparency. 

Audits all expenditures from

  • Consolidated Fund of India, State, and Union Territories.
  • Contingency Fund and Public Account of both Centre and States. 

Article 148

  • CAG appointed by the President through a warrant under his hand and seal.
  • Ineligible for any further appointment to any office under the Central or State Government after completing their tenure.
  • All expenditures related to the CAG's office, including salaries, allowances, and pensions, are charged on the Consolidated Fund of India (CFI).
  • Term of Office: The CAG holds office for a term of six years or until attaining the age of 65 years, whichever is earlier.
  • Resignation: The CAG may resign at any time by submitting a written resignation to the President of India.
  • Removal: The CAG can be removed by the President in the same manner and on the same grounds as a judge of the Supreme Court, ensuring a high level of protection and independence.


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