New controller general of accounts

The Controller General of Accounts (CGA) is a high-ranking official in the Indian government responsible for overseeing the financial management and accounting of the government's finances. Here are some key points about the new Controller General of Accounts:

Name: Rajiv Mehrishi

Date of Appointment: August 2022

Background: Rajiv Mehrishi is a 1986-batch Indian Administrative Service (IAS) officer from the Rajasthan cadre. He has held various positions in the government, including Secretary to the Government of India in the Ministry of Home Affairs, Secretary to the Government of India in the Ministry of Finance, and Chairman of the Public Enterprises Selection Board (PESB).

Responsibilities: As the new Controller General of Accounts, Rajiv Mehrishi will be responsible for:

  1. Overseeing the financial management and accounting of the government's finances.
  2. Ensuring the accuracy and integrity of government accounts.
  3. Providing financial advice to the government on budgeting, financial planning, and policy matters.
  4. Managing the government's cash and investment operations.
  5. Ensuring compliance with financial regulations and laws.

Key Challenges: The new CGA will face several challenges, including:

  1. Managing the government's large and complex financial operations.
  2. Ensuring transparency and accountability in government finances.
  3. Implementing the government's digitalization initiatives in financial management.
  4. Managing the impact of the COVID-19 pandemic on government finances.
  5. Ensuring compliance with international financial standards and best practices.

Priorities: The new CGA is likely to focus on the following priorities:

  1. Improving financial transparency and accountability.
  2. Enhancing the efficiency and effectiveness of government financial management.
  3. Implementing digitalization initiatives in financial management.
  4. Strengthening internal controls and risk management.
  5. Ensuring compliance with financial regulations and laws.

Overall, the appointment of Rajiv Mehrishi as the new Controller General of Accounts is expected to bring a fresh perspective and expertise to the role, and he will play a crucial role in shaping the government's financial management and accounting practices.