CAG Full Form

Comptroller and Auditor General of India is the cag full form. The Comptroller and Auditor General of India is an independent constitutional office. This lends supreme audit powers to one person, who is in charge of monitoring the accounts for every ministry or government department with expenditure exceeding 20 million rupees over a three year period (Audit Trail).

They also investigate allegations against specific people how tax evasion has been committed under Finance Act Section 132AD related violations that incurred financial loss due significant negligence on behalf largely misunderstandings about its implementation.”

The CAG isn’t accountable to any other office. Unlike, say, the Central Bureau of Investigation (CBI) or the Comptroller and Auditor General(CAG). Although courts can take suo motu cognizance on complaints against violations under the Audit Act on the CAG suggesting acting in a manner harmful to public interest or official misconduct.

The CAG is accountable to our nation, through Parliament and the people who run it. The heads of all central organisations such as the CBI and the CAG answerable to parliament via oral or written reports submitted on their performance.

A viewpoint: Others argue that we should not set up another institution like Lokpal because the government agencies already exist and they can be improved instead of setting up a new institution which might turn into a large and complicated organisation, with low efficiency and slow process(jha). Many people including Mr Kejriwal is against having a lokpal bill in its current form, saying that it is weak and that it has been diluted from what was originally promised by AAP when it campaigned for elections in 2013.

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