Phase IFoundation
Background
Overview
CAG's role is fundamental to parliamentary democracy, ensuring accountability and transparency in public expenditure. Its reports often highlight governance issues, policy implementation failures, and financial irregularities, making it crucial for GS2 (Governance, Constitution) and GS3 (Economy, Public Finance).
The Comptroller and Auditor General (CAG) is an independent constitutional authority in India, established under Article 148 of the Constitution. It is the supreme audit institution of India, responsible for auditing all receipts and expenditure of the Union and State governments, as well as government companies and corporations.