Audit Reports

This Report contains Audit findings noticed during audit of Public Sector Undertakings of Government of Maharashtra during 2017-18. This Report is divided into five Chapters which contain compliance audit paragraphs and one Performance Audit.

As per MoU, GoP committed to take over 50 per cent (` 10,418.84 crore) of the Punjab DISCOM debt in 2015 -16 and 25 per cent (` 5,209.42 crore) in 2016 -17 . The State Government would raise this amount through issue of bonds. Amount raised was to be disbursed to the DISCOM as loans. The State......

As per provisions of the UDAY Scheme and tripartite MoU, out of total outstanding debt (₹ 20 ,837.68 crore) pertaining to PSPCL as on 30 September 2015, the Go P took over total debt of ₹ 15 ,628.26 crore during the period 2015 -16 and 2016 -17 by giving loan as detailed below:......

MDR Major District Road 62. MGNREGA Mahatma Gandhi National Rural Employment Guarantee Act 63. MHRD Ministry of Human Resource Development 64. MOU Memorandum of Understanding 65. NA Data not available 66. NABARD National Bank for Agriculture and Rural Development 67. NCTE National Council for......

The State Government neither renewed the MoU nor accepted the lowest rate offered by the State Bank of India but, continued to pay interest at 10.20 per cent to BoI against its lower prevailing interest rates, resulting in excess payment of interest of C 1.88 crore during October 2015 to......

Further, this a mount was not deposited/surrendered to Government account even af ter the closing/non- operation of schemes. Recommendation: The Finance Department should review all bank accou nts operated by State Government department and close a ll accounts that are not authorised by the......

of ancillary Audit Report (PSUs) for the year ended 31 March 2018 xiv infrastructure due to non-submission of the copies of the work orders to MoUD within the prescribed period. (Paragraph 5.23 and 5.24) Internal Control and Monitoring The Corporation failed to devise proper Management......

of the impact of the implementation of the NRDWP in the State nor had carried out any surveys and investigations of surface or su bterraneous water formations in the State during 2012-17. To this extent, the effective ness of the WSSO was negatively impacted. Audit Report for the year ended 31......

by a stockholder for storage of minerals upt o 1,000 cubic metres and ` 50,000 each for additional 1,000 cubic metres or pa rt thereof, in semi- mountainous regions. As per Rule 8(2) (3) the appl ication fee is ` 60,000 for storage of minerals upto 1,000 cubic metres and ` 60,000 each for......

The EA had completed 94 per cent of the work by March 2018. Since the Department had not executed an MoU with the EA, the terms and conditions including scheduled date of completion were not agreed upon with the EA . As a result, the delay in co nstr uction was not ascertainable despite the fact......