Audit Reports

40 Debt Management 1.10 48 Fiscal Imbalances 1.11 50 Follow up 1.12 54 Conclusion s and Recommendations 1.13 54 CHAPTER -II FINANCIAL MANAGEMENT AND BUDGETARY CONTROL Introduction 2.1 57 Mechanism for Budget Management 2.2 57 Summary of Appropriation Accounts 2.3 58 Financial Accountability and............

audit plan is prepared on the basis of risk analysis which inter - al ia include critical issues in G overnment revenues and tax a dministration i.e. budget , white paper on state finances, reports of the Finance Commission ( Central and State), recommendations of the taxation reforms committee,............

Chapter-I Functioning of State Public Sector Undertakings 3 Special Financial Support - State Government provides budgetary support by way of grants and subsidies to the PSUs as and w hen required. Guarantees - State Government also guarantees the repayment of loans with interest availed............

The names of the State Government departments and the total budget allocation and expenditure of the State Government under Social Sector during the year 201 5 - 1 6 are given in the table below: Table 1.1 .1 ( ` in crore ) Sl. No. Name of the d epartments Total budget a llocation Expenditure 1............

summary v 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 3 1.4 Budget 201 5 - 1 6 5 1.5 Resources of the State 7 1.6 Revenue Receipts 10 1.7 Application of resources 16 1.8 Quality of e xpenditure 24 1.9............

Non -collection of ren tals from the hiring parties had resulted in foregoing its source of revenue and the Company had to depend on budgetary support from the Government. Keeping the insurance amount of ` 59.85 crore in current account had resulted in loss of potential interest revenue of `............

There is overall variation of
4,516 crore between Budget Estimates (BE) and Actuals. The Departments of Registration and Stamps and Transport have exceeded their estimates by
132 crore in realising the revenue. 1.1.3 The details of the non-tax revenue raised during t he year 2015-16 are............

 Special financial support - GoM provides budgetary support by way of grants and subsidies to the PSUs as and when required.  Guarantees - GoM also guarantees the repayment of loans with interest availed by the PSUs from Financial Institutions. Investment in State PSUs 1.6 As on 31............

THE STATE GOVERNMENT Profile of State 1 Introduction 1.1 2 Summary of Fiscal Transactions in 2015-16 1.1.1 2 Review of the Fiscal Situation 1.1.2 4 Budget Estimates and Actual 1.1.3 4 Gender Budgeting 1.1.4 5 Resources of the State 1.2 6 Resources of the State as per the Annual Finance Accounts............

CHAPTER -I : GENERAL Audit Report (Revenue Sector) for the year ended 31 March 2016 2 1.1.2 The det ails o f the budget estimates (BE) and the actual receipts in respect of the tax revenue raised during the period from 201 1-12 to 20 15-16 are given in the table 1.1.2 . Table 1.1.2 (` in crore) 5............