V. N. Kaila is new CGA

By Vijay Kumar

V. N. Kaila has taken over as new Controller General of Accounts. Kaila belongs to the 1971 batch of the Indian Civil Accounts Service. Before becoming CGA, he was holding the post of Principal Chief Controller of Accounts, CBEC. He has also served as an Adviser to the Finance Ministries of the Governments of Lesotho and Peoples' Democratic Republic of Laos.

Controller General of Accounts is the principal Accounts Adviser to the Government of India and is responsible for establishing and maintaining a technically sound management accounting system. He prepares a critical analysis of expenditures, revenues, borrowings and the deficit for the Finance Minister every month. He also prepares annual Appropriation Accounts and Union Finance Accounts for presentation to the Parliament. CGA exercises the powers of the President under Article 150 of the Constitution and Central Pension Accounting Office, the Chief Controller of Accounts and the Pay and Accounts Offices of the Central Government perform their payment, accounting and internal audit functions under his overall guidance.