Audit Reports

Accounts by Statutory Corporations The details of four Statutory Corporations and arrears of financial statements are shown in Appendix 4.5 (Part C). CAG is the sole auditor in respect of two Statutory Corporations of which, GSRTC has submitted financial statement up to the year 2017 -18 and GIDC.........

Appropriation Accounts are, therefore, complementary to the Finance Accounts. Audit of appropriations by the CAG seeks to ascertain whether the expenditure actually incurred under various Grants is within the authorisation given under the Appropriation Act and that the expenditure required to.........

These Accounts are audited independently by the Office of the Accountant General (Audit-I), Odisha and the Accounts are certified by the CAG. Finance Accounts and Appropriation Accounts of the State constitute the core data for this Report. Other sources include the following:  Budget of.........

2019 (All India = 0.645) 0.606 9 Gross State Domestic Product (GSDP) 2020- 21 at current price 5,09,574 10 Per Capita GSDP CAGR (2011-12 to 2020- 21) Odisha 8.97 General Category States 8.08 11 GSDP CAGR (2011-12 to 2020- 21 Odisha 10.01 All India 9.48 12 Population Growth (2011 to 2021).........

The ABs coming under the audit purview as per Section 19 or 20 of CAG’s DPC Act are required to submit the annual accounts to Audit before 30 June every year. In respect of 16 Autonomous Bodies, which were to render annual accounts to C&AG, there were delays in submission of accounts ranging.........

These accounts are audited independently by the Audit Win g of the office, and certified by the CAG. Finance Accounts and Appropriation Accounts of the State constitute the core data for this Report. Other sources include the following:  Budget of the State: for assessing the fiscal param eters.........

Revenue Receipts of the State increased by ` 4,335.45 crore from ` 10,553.10 crore in 2015-16 to ` 14,888.55 crore in 2019-20 at a CAGR of 8.99 per cent, although the 14 th FC projected a CAGR of 19.88 per cent. Thus, the CAGR of Revenue Receipts fell short of the 14 th FC projections sharply.........

This indicated he avy dependence of the State on Government of India funds, which contributed ` 13,008.44 crore of the total receipts of `14,888.55 crore in 2019-20.
Under National Pension System, against contribution of ` 369.88 crore of the State Government employees, the State Government.........

4.14 Non-submission of Accounts by Autonomous Bodie s/ Authorities The CAG has not received 224 annual accounts of 25 Autonomous Bodies/Authorities for audit as of 31 March 2020. Age-wise pendency of the se is given below: Chart 4.14: Age-wise arrears of Annual Accounts due from.........

Chart 3.2: Flow chart of budget implementation Approved by the Legislature Implemented by the Government Audit of appropriations by the CAG seeks to ascertain whether the expenditure actually incurred under various grants is within the authorisation given under the Appropriation Act and that.........

1.3 Authority for Audit The mandate for audit by the CAG is derived from Articles 149 and 151 of the Constitution of India and the Comptroller and Auditor General’s (Duties, Powers and Conditions of Service) (DPC) Act, 1971. The CAG conducts audit of expenditure of the Departments of.........

c) Storm Water Canals in Calcutta Leather Complex Para no. 3.7 of the CAG’s Performance Audit report on “Pollution by Industries in West Bengal” (2018) highlighted that 250 tanneries of Calcutta Leather Complex (CLC) were not given connection to Common Effluent Treatment Plant (CETP) and.........

Corporation Limited BSL Bengal Shipyards Limited BTPS Bandel Thermal Power Station CAAQMS Continuous Ambient Air Quality Monitoring Stations CAG Comptroller and Auditor General of India CAGR Compounded Annual Growth Rate CBR California Bearing Ratio CBWTDF Common Bio-Medical Waste.........

Submission of Accounts by State PSUs (non-power Sector) 3.6 Out of the total 78 State PSUs (Non-power Sector) under the purview of CAG as on 31 March 2019, 59 PSUs comprising of 51 Government Companies and eight Statutory Corporations were working while the remain\ ing 19 PSUs were inactive. Of.........

PSUs and SFAR for the year ended March 2019) Submission of accounts by Power Sector PSUs 2.6 Of the total six Power Sector PSUs under the purview of CAG as on 31 March 2019, all were working. The status of timelines followed by the State PSUs in preparation of accounts is as detailed under:.........

California Bearing Ratio (CBR) 15 of the sub grade, design life 16 and 13 (i) Eco-friendly management of pisciculture in beel/ baor through pen and cage culture. (ii) 25 number beel renovation. 14 Road surface made of compressed layers of small broken stones, especially one that is bound.........

of Indian Standards BL&LRO Block Land and Land Reforms Officer BM Bituminous Macadam BMF Bull Mother Farm BPDR Act Bengal Public Demands Recovery Act CAG Comptroller and Auditor General of India CAGR Compounded Annual Growth Rate CBR California Bearing Ratio CC Cement Concrete CE Chief Engineers.........

In respect of one Statutory Corporation i.e., Great Eastern Hotel Authority, C&AG conducts only compliance audit under Section 14 of the CAG’s (Duties, Powers and Conditions of Service) Act, 1971. The working State PSUs (Non-power) registered a turnover of ` 19,642.38 crore as per their latest.........

Act, 2013 provides that the statutory auditors in case of a Government Company or Government Controlled Other Company are to be appointed by the CAG within a period of one hundred and eighty days from the commencement of the  financial  year. Section  139 (7) of the .........

did not give  unqualified  certificates on any  account.    The details  of  aggregate money value of the comments of the CAG in the last three years are as follows: Table 1.11: Impact of audit comments on Power Sector Companies (` in crore) Sl. No. Particulars 2015-16.........

The accounts certified by the Statutory Auditors (Chartered Accountants) appointed by the CAG under the Companies Act are subject to supplementary audit by officers of the CAG and the CAG gives his comments or supplements the reports of the Statutory Auditors. In addition, these companies are.........

It comprised of the net impact of comments of Statutory Auditors and CAG. @ Capital Employed represents Shareholders′ Funds plusLong Term Borrowings except in case of finance sector corporations where capital employed is worked out as a mean of aggregate of the opening and closing balances.........