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Date on which Report Tabled:
Friday 12 Jul, 2024
Date of sending the report to Government
13 March 2023
Government Type
State
Overview on Report on State Finances for the year ended 31 March 2022
This Report on the Finances of the Government of Maharashtra is being brought out with a view to objectively assess the financial performance of the State during
2021-2022 and to provide the State Government and State Legislature with timely inputs, based on analysis of the financial data. The Report is structured in five Chapters:
Chapter I- This Chapter describes the basis and approach to the Report and the underlying data, provides an overview of structure of Government Accounts, budgetary processes, macro-fiscal analysis of key indices and State’s fiscal position including the deficits/surplus.
Chapter II- This Chapter provides a broad perspective of the finances of the State, analyses the critical changes in major fiscal aggregates relative to the previous year, overall trends during the period from 2017-18 to 2021-22, debt profile of the State and key Public Account transactions, based on the Finance Accounts of the State.
Chapter III- This Chapter is based on the Appropriation Accounts of the State and reviews the appropriations and allocative priorities of the State Government. It reports on deviations from Constitutional provisions and highlight issues affecting transparency.
Chapter IV- This Chapter provides an overview and status of compliance of the departments of the State Government with various financial rules, procedures and directions during the current year.
Chapter V – This Chapter presents the summary of financial performance of State Public Sector Undertakings as revealed from their accounts/ information furnished by them and highlights some of significant comments issued as a result of supplementary audit of the accounts of the PSUs conducted by the CAG.