Friday, 28 September 2012

Recent Criticism of C&AG on its Coal Block Allocations’ Report

Everyone should know that it is the office of Comptroller and Auditor General (C&AG) in Indian republic [Article 148-151, the Constitution of India, 1949] unlike Auditor General in British India under the Government of India Act, 1935. People who are criticizing the office of the C&AG for its current audit report on coal blocks allocations must be acknowledged with the objectivity of the CAG being
as a comptroller of Consolidated as well as Contingency Fund of India. So the C&AG for the credibility of 152 years old institution, being as the guardian of public purse, has the full constitutional right to ensure the lawful transactions in accordance with the public policies bearing public accountability on governments. The office of the C&AG is serving as an independent, competent and credible audit institution and we appreciate it because it is the public accountability and probity which is essential for rooting out corruption and audit of the C&AG is one of the most important source of creating good governance. It is the transformation of our national audit agency as a catalyst for efficient, economic and effective governance.

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