Summary
This video delves into major scams like the 2G spectrum case and the Commonwealth Games scam, shedding light on the recent high-profile investigations conducted by the CBI. It introduces the structure and powers of the CAG department, which oversees timely expenses, audits, and financial year audits in India. The video explains the auditing responsibilities of the CAG, including auditing all government expenditures from April 1st and presenting reports to key authorities like the President, Governor, and Parliament. Moreover, it discusses the appointment and removal processes outlined in the Constitution for the CAG position, while also emphasizing the limitations of the CAG in terms of authority over appointments, execution, and government expenses control.
Overview of Recent Scams and Investigations
Discusses the exposure of major scams like 2G spectrum case, Commonwealth Games scam, coal mine allocation scam, and others. Mentions the recent profile case investigation by the CBI.
Introduction to CAG
Introduces the structure of the CAG department within the CAG and its powers. Explains the creation of the department for overseeing timely expenses, audits, and financial year audits in India.
Role of CAG in Auditing Government Expenditure
Details the auditing responsibilities of CAG, including auditing all government expenditures from April 1st and presenting reports to the President, Governor, and Parliament. Talks about the Public Accounts Committee reviewing all expenditures.
Process of Appointment and Removal of CAG
Explains the appointment process outlined in the Constitution, where the President appoints based on selections mentioned. Discusses the removal process by the Supreme Court and the requirement of approval from both Houses of Parliament.
Limitations of CAG
Discusses limitations of CAG, such as the lack of authority in appointments, execution, and controlling government expenses. Mentions the need for permission from government for undertaking audits.
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