Audit Reports

IGAS- II (Accounting and classification of Grants-in-aid) Complied (Appendix to Statement 10 of Finance Accounts) - IGAS- III (Loans and advances made by the Government) Complied (Finance Accounts statement 4 for summarised and statement 16 for detailed statement) - *Information provided by........................

The compensation payable to the State shall be calculated for every financial year after the receipt of final revenue figures, as audited by the CA G of India. A base year (2015 -16) revenue figur e was finalis ed under GST Act. In case of NCT of Delhi, the revenue was ` 16 ,784 crore during........................

vii Executive Summary Based on the audited accounts of the Government of National Capital Territory of Delhi (GNCTD) for the year ending March 201 9 and additional information........................

Appendix 51 Appendix 2.1 List of Grants with savings of ` 50 crore and above (Referred to in Paragraph 2.3.1 ) (` in crore) Sl. No No. and Name of the Grant/ Appropriation Original grant/ appropriation Supplementary grant/ Re - appropriation Total...

7 Chapter - II Performance Audit Department of Urban Development 2.1 Schemes for providing Potable Water Supply and S ewerage Facilities in Unauthoris ed Colonies The Performance Audit covers two schemes namely “Providing potable water supply in...

1.5 Certification of Financial Statements of Autonomou s Bodies The Financial Statements of autonomous bod ies are audited by the Comptroller and Auditor General of India (CAG) under Section s 19(3) and 20(1) of the Comptroller and Auditor General’s (Duties, Powers and Conditions of Service)........................

of Social, General and Economic Sectors (Non -PSUs) for the year ended 31 March 2018 78 Appendix 1.2 Statement showing the details of rendering of accounts to the Comptroller and Auditor General of India and submission of Separate Audit Report s to Delhi Legislat ive Assembly by autonomous........................

2019-20, there were 389 auditable u nits related to tax revenue, of which 247 units (63.49 per cent) were planned and 238 units (96.35 per cent) were audited and remaining nine units could not be audited as field audit was suspended in the month of March 2020 due to Covid-1 9 pandemic. The units........................

crore) Source: Data prepared by office Audit had pointed out similar omissions in the earl ier years also, and these irregularities persisted during 2019-20 as well. Th e Department recovered ` 5.22 crore in 2,505 cases related to previous years. 8.858.88 2.92 0.06 0.44 279.55 Misclassification........................

Audi t of 56 2 units was conducted during 2019-20 and 02 units could not be audited due to Covid-19 pandemic. There were 783 groups under the district offices for which records relating to receipt of license fee were maintained. Test check of records showed irregularities of ` 33.90 crore in........................

Three SPSEs 6 whose accounts were in arrears and not adopted Ind AS were under liquidation. Punjab State Industrial Development Corporation Lim ited (PSIDC) was required to adopt Ind AS as its joint venture compa ny Punjab Venture Capital Limited (PVCL) was required to adopt Ind AS. Howeve r,........................

Transmission Corporation Limited, as against the requirement of two Independent Directors, there was one Indepen dent Director for part of the year 2019-20 (upto 17 December 2019). Thereafte r, the posts of Independent Directors remained vacant and were fill ed with effect from 11 September........................

The financial performance of 28 working SPSEs ( Annexure 4) on the basis of their latest finalised accounts as on 31 December 2 020 is covered in this Chapter. Summary of financial performance of Other than Powe r Sector SPSEs covered in this Chapter Number of SPSEs 44 SPSEs covered 28........................

5.3 Audit scope and coverage As per their latest finalised accounts as of 31 Dec ember 2020, 10 SPSEs qualified for CSR activities during the year 2019-2 0 as per the criteria laid down in Section 135(1) of the Act (net worth of ` 500 crore or more or turnover of ` 1,000 crore or more or........................

The financial performance of all five Power Sector SPSEs on the basis of latest finalised accounts as on 31 December 2020 as per Annexure 1 is covered in this Chapter. Summary of financial performance of Power Sector SP SEs Number of Power Sector SPSEs 05 SPSEs covered 05 Paid up........................

T{oik y/so d/ d' n?; gh n?; Jh÷ ftZu ;EkgBk s'A 31 wkou 2020 sZe oki ;oeko d[nkok brkJ/ rJ/ czvK B{z do;kT[Adk fttoD 1.5.3 98 3. 2019-20 d"okB ;h J/ ih b/yk gqhfynk d/ dkfJo/ nXhB T{oik y/so s'A fJbktk n?; gh n?; Jh÷, nfXfB:fwe ekog'o/ôBK ns/ ;oeko d[nkok fB:zsfos j'o ezgBhnK d/ t/ot/ B{z........................

Statutory audit 3. The financial statements of the Government Companie s (as defined in Section 2 (45) of the Act, 2013) are audited by Sta tutory Auditors, who are appointed by the Comptroller and Auditor General of India as per the provisions of Section 139 (5) or (7) of the Act, 20 13.........................

Two SPSEs which have not yet commenced commercial activities are under considera tion for winding up. Out of five SPSEs, Accounts for the year 2019-20 were s ubmitted by four SPSEs by 31 December 2020 as per statutory requirement. O nly one Company (Punjab Genco Limited) had arrear in........................

The Performance Audit covered the perfo rmance of the PSPCL pre and post implementation of UDAY scheme during t he period from 2015-16 to 2019-20. The major findings of Performance Audit are briefed as below:
As per the Scheme and MoU, the State Government was required to take over 75 per cent........................

The annual gap between ACS and ARR was ₹ 0.53 per unit (31 March 2016). The loss for the ye ar 2015-16 (as per Annual Accounts) was ₹ 1,694.85 crore and AT&C losses were 15.90 per cent (31 March 2016). To help improve the operational and financial effic iency of the Company, Government of........................

12.53 per cent  Disbursement of Public Account increased by 15.77 per cent Cash Balance  Cash balance increased by 335.18 per cent Source: Finance Accounts * Excluding ` 8,359 crore as back-to-back loans from GoI in lieu of GST Compensation shortfall, which are not to be repaid by the State........................

Chapter-IV Quality of Accounts and Financial Reporting Practices 101 Chapter-IV Quality of Accounts and Financial Reporting Practices A sound internal financial reporting........................

These accounts are audited i ndependently by the Principal Accountant General (Audit), and certified by the CAG. Finance Accounts and Appropriation Accounts of the State constitute the core data for this report. Other sources include the fol lowing:  Budget of the State: for assessing the........................

the CAG appoints the Chartered Accountants as Statutory Aud itors for Companies and gives directions on the manner in which the account s are to be audited. In addition, CAG has the right to conduct a supplement ary audit of the company’s financial statements. The statutes govern ing some........................

Chart 3.2: Flow chart of budget implementation Source: Appropriation Accounts 3.1.1 Summary of total provisions, actual disbursem ents and savings during financial year 2020-21 A summarised position of total budget provision, disbursement and saving/excess with its further bifurcation into vot........................

Of Salary and Wages 10.09 7.08 10.33 4.55 9.07 1.44 2.27 0.79 i. Of Pension 12.99 6.40 15.32 6.53 10.46 1.01 6.02 15.28 Source: Finance Accounts Appendices 139 Appendix 1.2 (Referred to in paragraph 1.4.2; page 8) Summarised financial position of the Government of Punjab as on 31 March 2021 ( `........................

4.7 Miscellaneous observations 4.7.1 Improper Maintenance of annual accounts: MHRD 19 introduced new system for accounting and financial reporting from financial year 2013-14 with the recommendations tha t all educational institutions should be mandated to apply accrual ba sis of accounting........................

for making/amending/ repealing Statute and considering and cancelling ordinances and passing of the resolutions on the annual report, annual accounts and the other financial estimates etc. Periodicity of meetings- Annual . Constituted During 2015-20, three meetings were held on........................

density increased by 20.69 per cent from 29 to 35 colleges per lakh population and average enrolment decreased by 28 per cent during 2010-11 to 2019-20. 1 Under Grant No 58 of GoI’s output outcomes framewo rk 2017-18 onwards. 2 Grants are being provided under budget head 4202 for........................

Audit Report on Social, Gene ral and Economic Sectors (Non-PSUs) for the year ended 31 March 2015 -Government of Punjab, was discussed in the Public Accounts Commit tee (PAC) meetings 12 272 students in each university = 816 and 10 per cent of total strength (subject to minimum 20 and maximum 50........................

the Au ditor/ Accounts Officer/ District manager and payment would be made, after a pproval, to concerned Arhtia through bank payment network. 26 An arhtia is a middle man in a market dealing with agricultu ral produce. 27 An electronic device used to process card payment s by reading........................

of the Government depar tments, the Principal Accountant General (Audit), Punjab issues the Inspe ction Reports (IR) to the heads of offices audited, with copies to the next h igher authority. The executive authorities are expected to promptly rect ify the defects and omissions pointed........................

capital outlay and loans and advances) of the State increased by 60 per cent from ` 59,101 crore to ` 94,471 crore during the period 2015-16 to 2019-20 while the revenue expenditure increased by 51 per cent from ` 50,073 crore to ` 75,860 crore during the same period. The revenue expenditure........................

fJ; fog'oN ftZu T[BQK wkwfbnK dk f÷eo ehsk frnk j? fijV/ fe 2019-20 d/ ;w/A d"okB Bw{Bk iKu eod/ j'J/ fXnkB ftZ u nkJ/ ;B ns/ Bkb jh T[BQK dk i' fe fJ; s'A gfjbk ;kbK d"okB fXnkB ft Zu nkJ/ ;B, gqzs{ gfjbhnK b/yk gqhfynk fog'oNK ftZu ôkwb BjhA ehs/ ik ;e/ ;Bl fiZE/ fes/ io{oh ;h 2019-20........................

5.1 Sources of revenue The detail of revenues of ULBs in the State during the period 2015-16 to 2019-20 is given in Table 5.1. Table 5.1: Detail of revenues of ULBs during 2015-2 020 (` `` ` in crore) Year Own revenue Assigned revenue Grants-in- aid # Total revenue Percentage of own........................

Section 176 to 180 of the PMC Act and Section 240 of the PM Act. The accounts of the ULBs are being audited by the Examiner, Local Fund Accounts, Punjab (ELFA) (Statutory Auditor). Besides, the CAG of India has also been giving Technical Guidance and Support over the audit of ELFA. Article 243ZA........................

bkGgksoh ns/ ehsk frnk youk ;kb ;ehwK dh frDsh bkGgksohnK dh frDsh (bZy ftZu) youk ( ` eo'V ftZu) 2017-18 51 45.27 6,085.83 2018-19 71 44.95 2,491.58 2019-20 81 56.42 3,565.89 2020-21 ( i[bkJh 2020 sZe) 94 49.23 2,289.49 i'V 14,432.79 ;q'sL oki vh ph Nh ;?b tZb'A w[ZjJhnk eotkJh rJh ;{ uBk ;koDh........................

time by bringing efficiency, effectiveness, transparency; and also to eliminate the existing intervening laye rs and there shall be no intermediary accounts/layers. According to Rule 87 of the GoI’s General Financial Rules, 2017, "transfer of benefits should be done directly to beneficiaries u........................

Chapter-II Audit Framework 7 Chapter-II Audit Framework 2.1 Selection of Department The Government of Punjab (GoP) had transferred an a mount of ` 14,432.79 crore under 94 different schemes across 13 departments through DBT (cash transfer) during...

directly into the bank accounts of the beneficiaries, removing leakages and enhancing financial inclusion. After implementation (March 2017) of DBT in the Sta te of Punjab, coverage in number of schemes (cash transfer) under DBT incr eased from 51 schemes in 2017-18 to 94 schemes in 2020-21........................