Audit Reports

2.2.2 Wasteful expenditure on incomplete road Incorrect estimation, improper survey of site and absence of approvals from Railways resulted in wasteful expenditure of 2.04 crore. As per the Cabinet Secretariat and Co-ordination Department (Confidential Cell) Resolution no. 948 dated............

excluding expenditure recorded under the major head 2048 - Appropriation for reduction of Avoidance of debt PART-B-Fiscal Responsibility and Budget Management (FRBM) Act, 2006 The State has enacted Fiscal Responsibility and Budget Management (FRBM) Act in April 2006. The Act envisages............

Chapter 6: Economic Services 6.1 Infrastructure Good infrastructure will go a long way Table-16: Distance of various places from the in enhancing the growth potential of the district headquarters Block Distance from district district and bridging...

of the State Government in PSUs was in power sector, which increased from 1,044.08 crore during 2004-05 to 3,492.74 crore during 2009-10. Budgetary outgo, grants/subsidies, guarantees and loans 4.1.10 The details regarding budgetary outgo by the State Government towards equity, loans,............

for reduction of Avoidance of debt Audit Report (State Finances) 47 for the year ended 31 March 2009 APPENDICES Appendix Fiscal Responsibility and Budgetary 1.2 Management (FRBM) Act, 2005 (Reference: page 1) Part B To ensure prudence in fiscal management and fiscal stability by progressive............

Increase in debtors during the 0.00 -14.44 89.33 67.00 50.25 37.69 11.31 year in power utility accounts [Increase (-)] 3. Interest payment on off budget 0.00 0.00 0.00 0.00 0.00 0.00 0.00 borrowings and SPV borrowings made by PSU/SPUs outside budget. 4. Total (1 to 3) -94.67 -115.71 40.53 67.00............

Report iRevenue Receipts) for the year ended il March 2010 6,2 Mining Receipts - assessment, levy and collection of _royalty, fees and rent_ Annual budget estimates were prepared without reference to past trends and future potential. (Paragraph 6.2.6) Suppression of production of crude oil.............

the Company out of budget during the year and commitment at the year the end of the year*® Equity Loans Central State Others Total Received Commitment Loans Loans Interest/ Total Government Government repayment converted penal interest written off into equity waived (1) (2) 3(a) 3(b) 4(a) 4(b)............

and Forest and other authorities, rehabilitation of displaced families, proper scheduling of various activities using scientific techniques, adequate budget provisions, transparent and appropriate contract management etc. We noticed time and cost over runs due to absence of co-ordination and............

significant audit findings are as under: Highlights In absence of any system of internal control and maintenance of mandatory records of accounts, budgetary and expenditure control of AAU was ineffective which led to several financial irregularities. (Paragraphs 1.9.1,1.9.3 and 1.9.4) AAU sent............