Audit Reports

key fiscal indicator s provided in the recommendations of the Fourteenth Finance Commission (XIV FC), the Uttar Pradesh Fiscal Responsibility and Budget Management ( UP FRBM) Act , budget estimates as well as Medium Ter m Fiscal Restructuring Policy (MTFRP) , 201 8 laid under UP FRBM Act .............

31 March 2019 1.2 Summary of Fiscal Operations in 201 8-19 Summa ry of Fiscal Operations gives an overview of the Fiscal position, comparison of budget estimates with actuals achieved, review of Gender Responsive B udgeting and Major project/policy initiatives and status of action taken on............

08 per cent ) was transferred to/deposited in PD Account s only in March 2019. As per State Budget Manual, the practice of withdrawi ng fu nds with a view to avoid lapse of budget grants and placing such amounts of money in deposits in the Public Account or the bank is forbidden. Transfer of............

The financial performance of the State has been assessed based on the Fiscal Responsibility and Budgetary Management Act, Budget Documents, Economic Review 2018 -19, Fourteenth Finance Commission Report and other financial data obtained from various Government departments and organisations.............

of ₹ 12000 crore in each financial year during 2017 -18 and 2018 -19 whereas remaining loan amount was to be converted in subsequent years as per budget approvals of the GoR. Quality of accounts The quality of accounts of power se ctor companies needs improvement. Out of 15 accounts finalised............

During the year 201 8-19, no disinvestment, restructuring or privati sation was done by the State Government in State PSUs (other than Power Sector). Budgetary Support to State PSUs (other than Power Sector) 3.6 The Government of Rajasthan ( GoR ) provides financial support to State PSUs in............

(75 per cent ) of the outstanding debts (₹ 83229.89 crore) of the DISCOMs as on 30 September 2015 under Ujwal DISCOM Assurance Yojana 7 (UDAY ). Budget ary Support to Power Sector Undertakings 1.5 The Government of Rajasthan (GoR) provides financial support to power sector undertakings in............

Audit Report on Economic Sector and Public Sector Undertakings for the year ended 31 March 2018 62 Budgetary Support to State PSUs (other than Power Sector) 4.6 The Government of Uttar Pradesh (GoUP) provides financial s upport to State PSUs in various forms thr ough the annual budget. The............

1.1.2 Review of fiscal situation The performance of the State during 2017-18 under major variables provided in the budget, recommendations of the 14 th Finance Commission (XIV FC) and targeted in the Bihar Fiscal Responsibility and Budget Management (BFRBM) Act as per actuals and as............

Report –PSUs for the year ended 31 March 2018 38 The Management replied (September 2018) that the change in location was due to changes ma de by Railways owing to meeting the requirement of both the Company and a nearby Thermal Station belonging to M/s. Surana Industries. After the Exit............

Further, the Government issued closure orders for 13 non -working Companies 72. Budgetary support to PSUs (other than Power Sector) 4.6. The State Government provided financial support to PSUs in various forms through the annual budget. The summarised details of budgetary outgo towards............

Overview ix Overview Audit of Government Companies is governed by Sections 139 and 143 of the Companies Act, 2013 (Act). The accounts of Government Companies are audited by Statutory Auditors appointed by the Comptroller and Auditor General of India ...