Audit Reports


Report No.1 of 2019 - State Finance, Government of Kerala

Date on which Report Tabled:
Thu 14 Nov, 2019
Date of sending the report to Government
Mon 28 Oct, 2019
Government Type
Sector Finance


Chapter 1 is based on the audit of Finance Accounts and makes an assessment of the Kerala Government’s fiscal position as on 31 March 2018. It provides an insight into trends in committed expenditure, borrowing pattern and quality of expenditure, besides giving comparison on State’s expenditure with other General Category States.

Chapter 2 is based on the audit of Appropriation Accounts and gives a Grant-by-Grant description of appropriations and the manner in which the allocated resources were managed by the service delivery departments.

Chapter 3 is an inventory of the Kerala Government’s compliance with various reporting requirements and financial rules. The report also compiles the data received from various Government departments/organizations in support of the findings.

Revenue deficit increased from Rs. 15,484 crore in 2016-17 to Rs. 16,928 crore in 2017-18 and fiscal deficit increased from Rs. 26,448 crore in 2016-17 to Rs. 26,838 crore in 2017-18. The ratio of fiscal deficit to GSDP improved from 4.3 per cent in 2016-17 to 3.9 per cent in 2017-18. State did not achieve any of the targets fixed in its Medium Term Fiscal Plan or Kerala Fiscal Responsibility Act during 2017-18. As per the recommendation of the Fourteenth Finance Commission, Fiscal deficit to GSDP ratio was to be anchored at 3 per cent but it was 3.9 per cent during 2017-18.

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