TNPSC Thervupettagam

Rajiv Mehrishi appointed as Comptroller and Auditor General of India

September 1 , 2017 2643 days 1407 0
Senior IAS officer Rajiv Mehrishi was appointed as the next Comptroller and Auditor General (CAG) of India. He will succeed Shashi Kant Sharma who is going to demit office on September 25, 2017. He was the 13th CAG of India. The Comptroller and Auditor General (CAG) of India is an authority, established by the Constitution under Constitution of India/Part V - Chapter V/Sub-part 7B/Article 148, which 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. The CAG is also the external auditor of Government-owned corporations and conducts supplementary audit of government companies, i.e., any non-banking/ non-insurance company in which Union Government has an equity share of at least 51 per cent or subsidiary companies of existing government companies. The CAG is also the head of the Indian Audit and Accounts Department, the affairs of which are managed by officers of Indian Audit and Accounts Service. The CAG is mentioned in the Constitution of India under Article 148 – 151. The CAG is ranked 9th and enjoys the same status as a judge of Supreme Court of India in Indian order of precedence.

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