What accounts does the CAG audit?
Central Government, State Government and other government financial institutions
The Comptroller and Auditor General of India (CAG) is a constitutional authority under Article 148, and Article 149 empowers Parliament to define its duties and powers.
Under the CAG (Duties, Powers and Conditions of Service) Act, 1971, the CAG audits all receipts and expenditure of the Central Government and of every State Government, including bodies and authorities substantially financed by them, government companies and other government financial institutions.
So the CAG's audit is not limited to PSUs and central agencies, nor only to the Centre or only to the States.
Hence, the answer is Central Government, State Government and other government financial institutions.
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