Girraj Prasad Gupta takes over as the Controller General of Accounts
Girraj Prasad Gupta took over as Controller General of Accounts (CGA), Department of Expenditure, Union Ministry of Finance with effect from 1 August 2019. He is 1983-batch Indian Civil Accounts Service (ICAS) Officer. He is highly credited for his work in development and implementation of Public Financial Management System (PFMS), a backbone IT infrastructure for Direct Benefit Transfer (DBT) and other financial management modules in Central Government.
Controller General of Accounts (CGA)
CGA is Principal Accounting Adviser to Government of India. It functions under Department of Expenditure, Union Ministry of Finance.
CGA heads the organisation and is responsible for administering this system.
It is responsible for establishing and maintaining a technically sound Management Accounting System.
CGA office prepares monthly as well as annual analysis of expenditure, revenues, borrowings and various fiscal indicators for Union Government. It prepares Annual Appropriation Accounts (Civil) and Union Finance Accounts which are submitted to Parliament under Article 150 of Constitution.
It is not a constitutional or statutory body.
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Month: Current Affairs - August, 2019