Audit Reports

Sector Undertakings) for the year ended 31 March 2012 Annexure-3 (Referred to in paragraph 1.15) Statement showing equity/loans received out of budget grants and subsidy received/receivable, guarantees received, waiver of dues, loans written off and loans converted into equity during the............

In May 2005, Rajasthan Government responded to the Twelfth Finance Commission (TFC) recommendation by legislating its “Fiscal Responsibility and Budgetary Management (FRBM) Act” and as per the recommendations of Thirteenth Finance Commission (XIII-FC) the State Government amended the Act in............

The target prescribed in the fiscal road map and target proposed in the budget are given in Table 1.3: Table 1.3: Comparison of Fiscal variable with road map for 2012-13 Target Target proposed in Fiscal variables proposed in the the budget Actuals fiscal road map Revenue deficit(-) / (-) 202.49............

(Paragraph 4.1.2) Award of work of road over bridge without obtaining prior approval of drawing/design from Railways led to execution of extra work oft 1.34 crore. (Paragraph 4.1.3) Delay in issue of declaration under Section 6 and consequential delay in announcement of award,............

are covered in this appraisal. The CCO based audit of the Jails Department disclosed deficiencies in budgeting, absence of classification of prisoners, inadequate reformative and primitive rehabilitative activities, besides disproportionate lodging of convicts and deployment of available............

vis-a-vis revenue receipts during 2008-09, if allowed to continue, poses a substantial threat to retention of the present fiscal situation. Budget Analysis The budget papers presented by a State Government provide descriptions of projections or estimations of revenue and expenditure for............

The fiscal management principles enshrined in the Fiscal Responsibility and Budget Management (FRBM) Act calls upon the State Government to ensure transparency in setting and implementation of fiscal policy, stability and predictability in policy making process, improve the management of............

Chapter III 3. Transaction Audit Observations Important audit findings emerging from test check of transactions made by the State Government Companies and Statutory Corporations have been included in this Chapter. Government Companies Rajasthan...

It was also seen that the SE requested (March 2009, October 2009 and February 2011) the Chief Engineer, PWD Rajasthan, Jaipur to sanction regular budget under State Plan for amount payable/paid to Forest Department for de-reservation of forest land. However, no budget was provided as of March............

Rajasthan State Industrial Development and Investment Corporation Limited and Rajasthan State Road Development and Construction Corporation Limited. Budgetary outgo, grants/subsidies, guarantees and loans 1.10 The details regarding budgetary outgo towards equity, loans, grants/ subsidies,............

Reconciliation of expenditure and receipts To enable the controlling officers to exercise effective control over expenditure to keep it within the budget grants and to ensure accuracy of their accounts, expenditure recorded in their books have to be reconciled by them every month during the............

1.2 Fiscal Responsibility and Budget Management Act and Thirteenth Finance Commission Recommendations With the enactment of a Fiscal Responsibility and Budget Management Act (FRBM Act) in 2003 at the Centre, the Twelfth Finance Commission (TFC) recommended that each State must enact a fiscal............

r Financial Management and Budgetary Control 2.1 Introduction 2.1.1 Appropriation Accounts are accounts of the expenditure, voted and charged, of the Government for each............