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Shashi Kant Sharma sworn in as CAG

Shashi Kant Sharma was on Thursday sworn-in as CAG by President Pranab Mukherjee in the Rashtrapati Bhavan.

The 61-year-old 1976 Bihar cadre IAS officer replaced Vinod Rai, who superannuated yesterday after a five-and-a-half year eventful tenure as the head of the Comptroller and Auditor General of India (CAG).  ‘Shashi Kant Sharma will have a tenure up to 24 September, 2017,’ an official statement said.

He was holding the post of defence secretary prior to this new assignment.  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. 

Under Rai’s tenure, the CAG was accused of going beyond its auditing ambit and indulging in analysing policy decisions.
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