Controller General of Account
- August 1, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Controller General of Account
Subject: Polity
Context: Shri Deepak Das took charge as the new Controller General of Accounts here today. Shri Deepak Das is the 25th officer to hold the position of Controller General of Accounts (CGA)
Context:
- Controller General of Accounts (CGA), in the Department of Expenditure, Ministry of Finance, is the Principal Accounting Adviser to Government of India and is responsible for establishing and maintaining a technically sound Management Accounting System.
- The Office of CGA prepares monthly and annual analysis of expenditure, revenues, borrowings and various fiscal indicators for the Union Government.
- The Annual Appropriation Accounts (Civil) and Union Finance Accounts are submitted to Parliament under Article 150 of the Constitution.
- Its statutory mandate {duties and functions} have been defined in the Allocation of Business Rules, 1961, which include:
- Defining general principles of government accounting {both state and union} and framing rules, manuals, forms etc.
- Reconciliation of Cash Balance of Union with RBI
- Overseeing of accounting functions.
- Administration of Central Treasury Rules
- Cadre Management of Group A {Civil servants} and Group B {Central Civil Account Offices} and matters related to accounts related group C and D staff.
- Disbursement of payments of Central Civil Pensioners; Freedom Fighters; High Court Judges; Ex MPs and Ex-Presidents via Public Sector Banks
- It is is also responsible for coordination and monitoring the progress of submission of corrective/remedial action taken notes (ATNs) on the recommendations contained in Public Accounts Committee’s (PAC) reports as well as the Comptroller & Auditor General (CAG) reports through its web based Audit Para Monitoring System (APMS).