CAG Full Form: Understanding India's Comptroller and Auditor General

CAG stands for Comptroller and Auditor General of India. The CAG is an independent constitutional authority established under Article 148 of the Constitution of India, responsible for auditing all receipts and expenditures of the Government of India and the state governments, including those of corporations and authorities owned or controlled by them. The CAG reports on the annual financial statements of the government and presents them to the Parliament or legislature of the respective state. This office plays a crucial role in ensuring accountability, transparency, and proper utilisation of public funds.