Rai demits office; Sharma to take oath as CAG tomorrow

Shashi Kant Sharma will take over as the Comptroller and Auditor General (CAG) tomorrow, 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 61-year old Sharma would be administered oath of office and secrecy by President Pranab Mukherjee tomorrow. Sharma a 1976-batch Bihar cadre IAS officer is currently the Defence Secretary.
Rai, who earlier drew flak from government and ruling parties for holding press conferences and interacting with media, today thanked media persons just before demitting office today.
"It is because of all of you that this institution has been able to function independently. I hope you continue to extend support to the institution," he said, but did not take any questions.

Sharma holds a Masters degree in Political Science from the University of York.
Like Rai, Sharma too has served as Secretary in the Department of Financial Services. He has spent over 10 years in the Defence Ministry in various capacities.
The CAG is appointed for a term of six years or till the incumbent attains the age of 65 years, whichever is earlier.