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Chhattisgarh

Report No.1 of 2018 - State Finances Government of Chhattisgarh

Date on which Report Tabled:
Wed 12 Sep, 2018
Date of sending the report to Government
Fri 31 Aug, 2018
Government Type
State
Sector Finance

Overview

This Report of the Comptroller and Auditor General of India on the finances of the Government of Chhattisgarh for the year ended on 31 March 2017 is structured in three Chapters as under:

Chapter-I is based on the audit of the Finance Accounts and it contains the observations mainly like: receipts and expenditures have increased from 2012-13 to 2016-17; the State has achieved FRBM targets, non-debt receipts were not sufficient to meet the primary expenditure of the State; there is short contribution of 23.98 crore towards New Pension Scheme; the Public Works Department and Water Resources Department had 145 incomplete projects with cost over-run of 
` 2,435.03 crore in 48 projects till date; the State Government incurred a loss of 1,163.34 crore on account of difference between Government’s borrowing cost and returns on investment; 693.20 crore was lying un-invested in the SDRF and during 2005-06 to 2016-17; the Government collected ` 727.63 crore towards Infrastructure Development Cess (IDC), out of which only ` 423.39 crore was transferred to IDF and the balance were not utilised; the State Government was required to create a Guarantee Redemption Fund and transfer ` 112.60 crore to the fund from 2005-06 to 2016-17.

Chapter-II is based on audit of Appropriation Accounts and it contains the observations mainly like: against the overall saving of ` 19,743.88 crore, ` 3,827.93 crore was not surrendered, ` 15,894.65 crore was surrendered on 31 March 2017; the State Government failed to get regularised by the Legislature an excess expenditure of ` 3,257.55 crore over provisions during 2000-01 to 2016-17; in 52 cases under 41 grants and one appropriation, there were persistent savings of ` 10 crore or more of the total provisions during the last five years; the State Government withdrew 2.09 crore from the Contingency Fund to meet expenditure which was neither unforeseen nor of emergent nature.

Chapter-III is an inventory of the GoCG’s compliance to various reporting requirements and financial rules it contains the observations mainly like: Utilisation Certificates (UCs) of 5,016.79 crore against Grants-in-aid bills were outstanding, the accounts of 13 working PSUs (20 accounts) were in arrears ranging from one to five years, Despite this, the State Government had extended Budgetary support of ` 7,707.17 crore in eight working PSUs; the State Government had not formulated any dividend policy; detailed Contingent bills amounting to ` 25.19 crore were outstanding against 115 Abstract Contingent bills advanced; 57 new Sub-heads/Detailed heads without  consulting Accountant General; 1,377.39 crore under expenditure and  ` 2,290.09 crore under receipts were booked under minor head 800 resulting in opaqueness of transactions; during the period 2011-16, ` 36.00 crore was withdrawn from the treasuries and irregularly parked outside the Government accounts; the impact of incorrect booking/accounting of expenditure and revenue amounts to overstatement of revenue surplus by 1,656.47 crore and understatement of fiscal deficit to the tune of 46.01 crore; the liabilities of the State were understated to the extent of ` 2,650.96 crore.

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