Financial
Madhya Pradesh

Report No 6 of 2016 - Madhya Pradesh State Finances

Date on which Report Tabled:
Fri 24 Mar, 2017
Date of sending the report to Government
Government Type
State
Sector Finance

Overview

Based on the audited accounts of the Government of Madhya Pradesh for the year ended 31 March 2016, this Report provides an analytical review of the Annual Accounts of the State Government. The report is structured in three Chapters.

Chapter 1 is based on audit of the Finance Accounts and makes an assessment of the Madhya Pradesh Government’s fiscal position as on 31 March 2016. It provides an insight into the trends in the overall finances of the State, actual expenditure vis-à-vis budget estimates, salaries and wages, pensions, interest payments and subsidies, expenditure and borrowing patterns, besides giving a brief account of Central funds transferred directly to the State implementing agencies through off-budget route. It also makes an assessment of the adequacy of the State's fiscal priorities to developmental, social sectors and capital expenditure.

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 were managed by the service delivery Departments. Besides, comments arising out of review of selected grants have also been made in this Chapter.

Chapter 3 is an inventory of the Madhya Pradesh Government’s compliance with various reporting requirements and financial rules.

The Report also compiles the data collated from various government Departments/organisations in support of the findings. At the end of the Report a glossary of abbreviations is given

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