Citing the recent Supreme Court judgment on auctioning of coal blocks, the FM said that it had brought about a great deal of clarity on the CAG’s role.
“The authority of the CAG to perform duties and discharge functions is under a law made by the Parliament, therefore while the CAG’s office is a constitutional office, it may also be remembered that the CAG owes its authority to a law made by the Parliament,” he said.
CAG Vinod Rai said that audit is neither an adversary nor a fault-finding mechanism. There is deep respect between the center and the audit department.