Comptroller and Auditor General checks government expenditures from "summary" of Indian Polity by J.C. Johari
The Comptroller and Auditor General (CAG) of India plays a crucial role in overseeing the government's financial activities. This constitutional position was established to ensure transparency and accountability in the management of public funds. The CAG is responsible for auditing government expenditures to ensure that they are in line with the approved budgets and utilized for their intended purposes. One of the primary functions of the CAG is to conduct financial audits of government departments and agencies. This involves examining the financial records, transactions, and accounts to ensure compliance with the established rules and regulations. The CAG also evaluates the efficiency and effectiveness of government programs and projects by assessing how well the allocated funds have been utilized. In addition to financial audits, the CAG also performs compliance audits to verify whether the government has followed the prescribed procedures and guidelines in its financial transactions. This helps in identifying any instances of financial mismanagement, fraud, or corruption within the government. By conducting these audits, the CAG acts as a watchdog to prevent misuse of public funds and promote good governance. Furthermore, the CAG is empowered to issue audit reports highlighting any irregularities or discrepancies found during the audits. These reports are submitted to the President and Parliament for their review and appropriate action. The CAG's reports serve as an essential tool for holding the government accountable for its financial decisions and actions.- The role of the Comptroller and Auditor General in checking government expenditures is crucial in ensuring transparency, accountability, and integrity in the management of public finances. By conducting thorough audits and issuing timely reports, the CAG helps in maintaining the trust of the public in the government's financial dealings.
Similar Posts
Business continuity plans ensure data remains accessible during emergencies
Business continuity plans are essential for organizations to ensure that their operations can continue even in the face of emer...
President is the head of the state, while the Prime Minister leads the government
In the Indian political system, the President serves as the ceremonial head of the state, embodying the unity and integrity of ...
Governor represents the President at the State level
The Governor, appointed by the President, serves as the chief executive of a state. This position is crucial as it ensures the ...
Rajya Sabha is the upper house of Parliament, representing the States
The Rajya Sabha is an essential part of the Indian Parliament, serving as the upper house. It plays a crucial role in represent...
Vice President of India
The Vice President of India is the second-highest constitutional office in the country. Unlike the President, who is the head o...
Statutory Bodies and their roles
Statutory bodies are institutions created by an Act of Parliament or state legislature to regulate and oversee specific activit...
Modern Indian history is marked by rapid industrialization and urbanization
During the period of modern Indian history, there has been a noticeable shift towards rapid industrialization and urbanization....
Threetier Panchayati Raj system
The Three-tier Panchayati Raj system is a pivotal feature of local governance in India. It is a system where the administration...