Prelims: Current events of national and international importance | Polity & Governance
Why in news?
The Vice-President of India, Shri C. P. Radhakrishnan, presided over the 5th Audit Diwas celebrations in New Delhi on November 16, 2025.
- CAG is a constitutional authority that audits the financial accounts of the Government of India and its state governments.
- CAG is the head of Indian Audit and Accounts Department.
- He/She is the guardian of the public purse and controls the entire financial system of the country at the Centre and the State level.
- Constitutional provision - Article 148 provides for an independent office of the CAG.
- Appointment by – The President of India by a warrant under his hand and seal.
- Governed by – The Comptroller and Auditor-General's (Duties, Powers and Conditions of Service) Act, 1971, with significant amendments in 1976, 1984, and 1987.
- Tenure – 6 years or up to the age of 65 years, whichever is earlier
- Resignation – CAG can resign at any time from his office by addressing the resignation letter to the President of India.
- Removal – Same manner as a judge of the Supreme Court of India.
- Can be removed by the President based on a resolution passed to that effect by both the Houses of Parliament with special majority.
- Reason for removal – Proved misbehavior or incapacity.
- Reappointment – Not eligible for further office, either under the Government of India or of any State.
- Salary & service conditions – Determined by Parliament - Salary is equal to judge of the Supreme Court.
- Administrative expenses – Charged upon the Consolidated Fund of India (CFI).
The current CAG (as of Nov, 2025) is K. Sanjay Murthy
To know more about CAG, Click here
Quick Fact
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Audit Diwas
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- It is observed on November 16 every year, to commemorate the establishment of the Supreme Audit Institution (SAI) of India, now known as CAG.
- It marks the historic day when the India’s 1st auditor-general Sir Edward Drummond, assumed the office on this day in 1860.
- Audit Diwas, 2025 – Held in Bengaluru.
- Theme – “Leading Change & Reaffirming Values: Trust, Innovation, Sustainability & Accountability”.
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References
- Indian Express | CAG to assess progress across 101 major cities.
- PIB | Fifth Audit Diwas celebration