Wednesday 22 May 2013

Shashi Kant Sharma is the new CAG

Defence Secretary Shashi Kant Sharma is appointed as the new Comptroller & Auditor General (CAG).The 61-year old 1976 Bihar cadre officer will succeed Vinod Rai. 
"The President of India has appointed Shashi Kant Sharma, IAS, as the Comptroller & Auditor General of India, in terms of Article 148 (1) of the Constitution of India," the Finance Ministry said in a statement.

Sharma, who holds a Masters degree in Political Science from the University of York, will take charge as Comptroller & Auditor General on May 23.
Like Vinod Rai, Sharma too has served as Secretary in the Department of Financial Services. He has spent over 10 years in the Defence Ministry in various capacities.
The CAG is appointed for a term of six years or till the incumbent attains the age of 65 years, whichever is earlier.
Sharma's appointment comes at a time when the CAG has come under sharp attack from the government and ruling party for its reports on assessment of Rs 1.76 lakh crore loss in allocation of 2G spectrum.

Source:
http://cablequest.org/news/national-news/item/2512-shashi-kant-sharma-is-the-new-cag.html

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