Audit Reports

1.8 28 Assets and Liabilities 1.9 32 Debt Management 1.10 37 Fiscal Imbalances 1.11 38 Conclusion 1.12 41 CHAPTER II – FINANCIAL MANAGEMENT AND BUDGETARY CONTROL Introduction 2.1 43 Summary of Appropriation Accounts 2.2 43 Financial Accountability and Budget Management 2.3 44 Pendency in............

29 Debt Management 1.10 33 Fiscal Imbalances 1.11 34 Follow up 1.12 37 Conclusion and recommendations 1.13 37 CHAPTER II – FINANCIAL MANAGEMENT AND BUDGETARY CO NTROL Introduction 2.1 39 Summary of Appropriation Accounts 2.2 39 Financial Accountability and Budget Management 2.3 40............

assessment made by the Finance Commission (XIII-FC) and achievements with the targets envisaged by the State Government in Fiscal Responsibility and Budget Management Act, 2005 as well as in the Budge t Estimates of 2014-15. A comparison has been made to see whether the State h ad given adequate............

B odies  Avoidable payment of penal interest Bruhat Bengaluru Mahanagara Palike repeatedly defaulted in repaying the loan instalments despite the budgetary provisions and availability of sufficient funds, resulting in avoidable payment of penal interest of ` 20.07 crore. (Paragraph 4 . 1 ) ............

CHAPTER-I: GENERAL Audit Report for the year ended 31 March 2018 – Revenue Sector 2 1.1.2 The following Table 1.2 presents the details of Budget Estimates (BE) and actual tax revenues raised during the period 2013-1 4 to 2017-18: Table 1.2 Details of Tax revenue ( ` in crore) Sl. No.............

- 1 Introduction to Finances of the State Government 1.1 2 Summary of Current Year’s Fiscal Transactions 1.1.1 2 Review of fiscal situation 1.1.2 3 Budget Estimates and Actual 1.1.3 4 Gender Budgeting 1.1.4 6 Resources of the State 1.2 6 Resources of the State as per Annual Finance Accoun ts............

1.8 28 Assets and Liabilities 1.9 32 Debt Management 1.10 38 Fiscal imbalances 1.11 40 Conclusion 1.12 42 CHAPTER II FINANCIAL MANAGEMENT AND BUDGETARY CONTROL Introduction 2.1 45 Summary of Appropriation Accounts 2.2 45 Financial Accountability and Budget Management 2.3 46 Expenditure............

v-vii Chapter I: Finances of the State Government 1.1 Introduction 2 1.2 Summary of fiscal transactions 2 1.3 Fiscal reforms path in Sikkim 4 1.4 Budget 2017-18 6 1.5 Resources of State 8 1.6 Revenue Receipts 10 1.7 Application of resources 17 1.8 Quality of expenditure 24 1.9 Financial............

1.8 29 Assets and Liabilities 1.9 34 Debt Management 1.10 39 Fiscal I mbalances 1.11 43 Conclusion 1.12 47 Chapter –II FINANCIAL MANAGEMENT AND BUDGETARY CONTROL Introduction 2.1 49 Summary of Appropriation Accounts 2.2 50 Financial Accountability and Budget Management 2.3 51 Deficiencies............

management 1.10 32 Fiscal imbalances 1.11 34 Follow -up action by State Government 1.12 37 Conclusion 1.13 37 CHAPTER II - FINANCIAL MANAGEMENT AND BUDGETARY CONTROL Introduction 2.1 39 Summary of Appropriation Accounts 2.2 39 Financial accountability and budget management 2.3 41 Review of............