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Asked by Chiranjibi on :Feb. 08, 2018

How does the CAG audit the grants and loans recei…

How does the CAG audit the grants and loans received by the local bodies and authorities from the C…

How does the CAG audit the grants and loans received by the local bodies and authorities from the Consolidated funds of India, States and Union Territories?

0

Chiranjibi Feb. 08, 2018

In case any body or authority has received a loan or grant for any specific purposes from the consolidated fund or similar, the CAG shall scrutinize whether the loan or grant is being used for the purpose it was granted. For this purpose, he shall have access to the books of account of that authority or body, but for that, he should previously give a reasonable notice to those authorities.

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