President of India to Inaugurate Celebrations of Completion of 150 Years of C&AG tomorrow
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The Institution of the Comptroller and Auditor General of India is completing 150 years of its existence. The Hon’ble President of India Smt. Pratibha Devisingh Patil will inaugurate the celebrations of completion of 150 years of this institution by releasing the Commemorative Postage Stamp here at a function in Vigyan Bhavan on 16th November, 2010. Hon’ble Prime Minister Dr. Manmohan Singh will release the Vision and Mission Statement of the Indian Audit and Accounts Department (IA&AD) on this occasion. The Finance Minister Shri Pranab Mukherjee and the Chairman, Public Accounts Committee Shri Murli Manohar Joshi will be the important speakers and welcome address will be delivered by the Comptroller and Auditor General of India, Shri Vinod Rai. An exhibition depicting the rich heritage and historical background of the institution has been put up in the foyers of the Vigyan Bhavan.
Sir Edmund Drummond was appointed as the first Auditor General in 1860. Over the ensuing years, the responsibilities, status and independence of the Auditor General evolved and was enhanced. Shri V Narahari Rao took over as the first Comptroller & Auditor General of independent India in August 1948. The audit mandate of the C&AG extends across all the civil, revenue, defence, railways, P&T and the commercial departments of the Government of India.
At the state level, the offices of the Accountants General in every state are responsible for audit of all the receipts and expenditure of the State Government, audit of Government Companies, Corporations and Autonomous bodies in the states. There are 57 AG Audit Offices in India. Besides, there are 29 offices of Accounts and Entitlements headed by Accountants General engaged in maintaining the accounts of the state governments and authorising GPF and Pension Payments of their employees.