Audit Reports
Jharkhand
Report of the Comptroller and Auditor General of India on State Finances for the year ended 31 March 2013, Government of Jharkhand
Overview
Based on the audited accounts of the Government of Jharkhand for the year ending March 2013, this Report provides an analytical review of the Annual Accounts of the State Government. The financial performance of the State has been assessed based on the Fiscal Responsibility and Budget Management Act, 2007, Budget documents, Medium Term Fiscal Policy Statement, Economic Review, Thirteenth Finance Commission Report and other financial data obtained from various Government departments and organizations. The Report is structured in three Chapters.
Chapter 1 is based on the audit of Finance Accounts and makes an assessment of the Government's fiscal position as on 31 March 2013. It provides an insight into trends in overall financial position of the State, actuals vis-a-vis budget estimates of committed expenditure and borrowing patterns.
Chapter 2 is based on audit of Appropriation Accounts and gives a grant-wise description of appropriations and the manner in which the allocated resources are managed by the service delivery departments.
Chapter 3 is an inventory of the Jharkhand Government's compliance with various reporting requirements and financial rules.
The growth of Gross State Domestic Product (GSDP) of Jharkhand during 2012-13 was 11.5 per cent, against the TFC norm of 14.50 per cent. The State had a Revenue Surplus of Rs. 1370 crore during 2012-13. The percentage of Revenue Surplus to GSDP was only 0.9 against Medium Term Fiscal Plan target of 3.32. Fiscal Deficit (Rs. 3406 crore) was 2.2 per cent of GSDP during 2012-13, which was well within the Thirteenth Finance Commission recommendation (3 per cent). The Revenue Expenditure constituted 83 per cent of Total Expenditure during 2012-13 and it was 15 per cent of GSDP.
There were large savings of Rs. 9225.13 crore during 2012-13 indicating improper budget estimation. Large savings under various schemes/ sub-heads may adversely affect the implementation of development programmes in the State. Excess expenditure of Rs. 1263.18 crore was incurred over provisions during 2012-13, which requires regularisation under Article 205 of the Constitution of India. Besides, excess expenditure of Rs. 8540.79 crore occurred during 2001-2012 was still to be regularised. Controlling Officers did not reconcile the expenditure of Rs. 23,400.20 crore (76.71 per cent of total expenditure) and receipts of Rs. 14,641.32 crore (48.78 per cent of total receipts) of the departments with the books of the Accountant General (A&E), Jharkhand during 2012-13.
The State Government's compliance with various rules, procedures and directive was lacking in various Government departments. Utilisation certificates of grants-in-aid amounting to Rs. 4640.48 crore were not submitted by the State institutions/bodies. Large number of AC bills ( 24,583) amounting to Rs. 5243 crore pertaining to the period 2000-13 were outstanding as on 11 November 2013 since DC bills were not submitted. An amount Rs. 209.23 crore drawn in AC bills on the last three days of the financial year was kept in Bank Account to prevent it from being lapsed. There was a huge balance of (Rs. 2954.43 crore) in Personal Ledger accounts at the end of March 2013.