In a potentially controversial move, the Public Accounts Committee (PAC) of Parliament could recommend legislative changes, including a Constitutional amendment, to make the Comptroller and Auditor General accountable to Parliament.
About CAG:
The Comptroller and Auditor General (CAG) of India is an authority, established by the Constitution of India under article 148, who 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 nonbanking/non-insurance company in which the state and Union governments have an equity share of at least 51 per cent or subsidiary companies of existing government companies.
The reports of the CAG are taken into consideration by the Public Accounts Committees (PACs) and Committees on Public Undertakings (COPUs), which are special committees in the Parliament of India and the state legislatures.
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.
The Comptroller and AuditorGeneral of India is appointed by the President of India following a recommendation by the Prime Minister.
The CAG can be removed only on an address from both house of parliament on the ground of proved misbehaviour or incapacity.The CAG vacates the office on attaining the age of 65 years age even without completing the 6 years term.
Public Accounts Commission:
The Public Accounts Committee (PAC) is a committee of selected members of Parliament, constituted by the Parliament of India, for the auditing of the expenditure of the Government of India.
The PAC is formed every year with a strength of not more than 22 members of which 15 are from LokSabha, the lower house of the Parliament, and 7 from Rajya Sabha, the upper house of the Parliament Since 1967, the chairman of the committee is selected from the opposition.
The term of office of the members is one year. The Chairman is appointed by the Speaker of Lok Sabha.
Its chief function is to examine the audit report of Comptroller and Auditor General (CAG) after it is laid in the Parliament.
CAG assists the committee during the course of investigation. None of the 22 members shall be a minister in the government
About CAG:
The Comptroller and Auditor General (CAG) of India is an authority, established by the Constitution of India under article 148, who 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 nonbanking/non-insurance company in which the state and Union governments have an equity share of at least 51 per cent or subsidiary companies of existing government companies.
The reports of the CAG are taken into consideration by the Public Accounts Committees (PACs) and Committees on Public Undertakings (COPUs), which are special committees in the Parliament of India and the state legislatures.
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.
The Comptroller and AuditorGeneral of India is appointed by the President of India following a recommendation by the Prime Minister.
The CAG can be removed only on an address from both house of parliament on the ground of proved misbehaviour or incapacity.The CAG vacates the office on attaining the age of 65 years age even without completing the 6 years term.
Public Accounts Commission:
The Public Accounts Committee (PAC) is a committee of selected members of Parliament, constituted by the Parliament of India, for the auditing of the expenditure of the Government of India.
The PAC is formed every year with a strength of not more than 22 members of which 15 are from LokSabha, the lower house of the Parliament, and 7 from Rajya Sabha, the upper house of the Parliament Since 1967, the chairman of the committee is selected from the opposition.
The term of office of the members is one year. The Chairman is appointed by the Speaker of Lok Sabha.
Its chief function is to examine the audit report of Comptroller and Auditor General (CAG) after it is laid in the Parliament.
CAG assists the committee during the course of investigation. None of the 22 members shall be a minister in the government
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