K. Sanjay Murthy appointed as the next GAG of India by the President
Appointment
4 min read
The President of India, Droupadi Murmu, has appointed K Sanjay Murthy as India's next Comptroller and Auditor General (CAG). He will succeed the incumbent, Girish Chandra Murmu, who is due to retire on 21 November 2024.
The Comptroller General of India is the head of the Comptroller and Auditor General (CAG), which controls the country's entire financial system. It is also called the Guardian of Public Funds.
The incumbent GAG of India, Girsh Chandra Murmu, a 1985 Gujarat Cadre IAS officer, assumed the office of the Comptroller and Auditor General of India on 8 August 2020. Before being appointed as the Comptroller and Auditor General of India, Girish Chandra Murmu was the first Lieutenant Governor of the Union Territory of Jammu and Kashmir.
About K Sanjay Murthy
The newly appointed CAG of India, K. Sanjay Murthy, is a 1989 batch IAS officer of the Himachal Pradesh cadre. He is currently Secretary of the Department of Higher Education under the Ministry of Education and was due to retire on 31 December 2024.
Term of K Sanjay Murthy
The Constitution gives Parliament power to make laws regarding the terms and conditions of services of the Comptroller and Auditor General.
In 1953, the Parliament enacted the Comptroller and Auditor-General (Conditions of Service), which was subsequently amended in 1971.
It lays down that the CAG of India will hold his office:
- For 6 years from the date of assumption of office or till age 65(whichever is earlier).
- He can resign by submitting his resignation to the President.
Comptroller and Auditor General (CAG)
The Comptroller and Auditor General is a constitutional body under Article 148 of the Indian constitution.
The Comptroller and Auditor General of India is the custodian of public finances and the controller of the entire financial system of the country. Some of the important functions are;
- The Comptroller and Auditor General of India
- The Comptroller and Auditor General do not compile the accounts of the government of India.
- The Comptroller and Auditor General only audit the accounts of the government of India.
- The Comptroller and Auditor General compile and audit the state government and the Union Territory accounts.
- It also audits the accounts of all government-owned companies and any other corporation or body.
