Subject: Polity Context: Finance Minister told Parliament last week that there was no provision in the law to compensate states for loss of GST revenue out of the Consolidated Fund of India (CFI). However, the Comptroller and Auditor General (CAG) of India has found that the government itself violated the law by retaining Rs 47,272 crore […]

Subject: Polity Context: Former Jammu and Kashmir Lt Governor GC Murmu sworn-in as India’s 14th CAG Concept: The Constitution of India (Article 148) provides for an independent office of the Comptroller and Auditor General of India (CAG). He is the head of the Indian Audit and Accounts Department. He is the guardian of the public […]