New CAG India / Shashi Kant Sharma new CAG/ CAG Shashi Kant Sharma
Defence Secretary Shashi Kant Sharma was appointed as the new
Comptroller & Auditor General (CAG) of India on 22nd May , 2013
. Shashi Kant will replace Vinod Rai, who retired after five and a half years
of tenure as the head of the Constitution.
The President of India has appointed Shashi Kant Sharma,
IAS, 1976-batch Bihar cadre as the Comptroller and Auditor General of India,
in terms of Article 148 (1) of the Constitution of India,” the Finance Ministry
said in a statement.
Sharma has also served as Secretary in the Department of
Financial Services. He has spent over 10 years in the Defence Ministry in
various capacities.
Shashi Kant Sharma, holds a Masters degree in Political
Science, will take charge as Comptroller & Auditor General on May 23. He
will be administered the oath of office by President Pranab Mukherjee.
Who is CAG?
The Comptroller and Auditor General (CAG) of India is
an authority, established by the Constitution of India, 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 appointed for a term of six years or till the
incumbent attains the age of 65 years, whichever is earlier.
The First CAG of India was V. Narahari Rao.
