LAW Notes Llb Notes Judiciary Notes

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Comptroller and Auditor General of India *The Comptroller and Auditor General is appointed by the President of India and can be removed from office only in the manner and on the grounds that a Judge of the Supreme Court is removed. * The person appointed to this office should take an oath of office before the President or any other person appointed by the office of the President. *The salary, service conditions, leaves of absence, pension and age of retirement are determined by the Parliament of India and specified in the Second Schedule such that the service conditions and salary will not be modified to the disadvantage of the incumbent during their tenure. *The CAG is not eligible for any further office after the end of their tenure either in the Government of India or any State Government. * The administrative expenses of the office of CAG, including salaries, allowances and pensions serving in that office are charged up on the Consolidated Fund of India.Thus they are not subjected to the vote of Parliament.

Fiscal responsibility and Budget Management (FRBM) Act * It was enacted by Parliament in 2003. # The objectives of the act are * To ensure fiscal discipline in government finances * Inter-generational equity in fiscal management  * Long-term macro-economic stability. # Following documents were supposed to be placed in the Parliament annually along with the Budget, to ensure  transparency & accountability in fiscal operations: * Macroeconomic Framework Statement * Fiscal Policy Strategy Statement * Medium Term Fiscal Policy Statement  * Medium Term Expenditure Framework Statement # Among other targets, the act mandated the reduction of the fiscal deficit to 3% of GDP – Initial goal was March 31, 2009 but it has been postponed since 2008 to the most recent target of 3.1% for March 2023. # FRBM Act and State government * To ensure that the States too are financially prudent, the 12th Finance Commission’s  recommendations in 2004 linked debt relief to States with their enactment of similar laws.  * The States have since enacted their own respective Financial Responsibility Legislation, which sets the same 3% of Gross State Domestic Product (GSDP) cap on their annual budget deficits.

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167 Candidates appeared in UPSC Mains Law Optional only 23 cleared. 😳 Is Law Optional is bad as it seems? You are wrong. https://twitter.com/Lawxpertsmv_Ind/status/1654406072835399681?s=20

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