Shashi Kant Sharma appointed as new CAG

Defence secretary Shashi Kant Sharma was on Tuesday named as the new Comptroller & Auditor General of India (CAG), succeeding Vinod Rai who demitted office today after an eventful five-and-a-half years during which the audit body was locked in confrontations with the government.

 The CAG is appointed for a term of six years or till the incumbent attains the age of 65 years, whichever is earlier.