Audit Reports

included in the Audit Reports1.8 7 Chapter 2 – Operations and Business Development Punctuality and travel time in train operations in Indian Railways2.1 12 Loss on account of non-realization of Service Tax from licensees: West Central Railway and Southern Railway2.2 61 Avoidable loss due............

22 of 2021 (Railways) Overview x Overview The Audit Report consists of audit findings relating to compliance issues in respect of the Ministry of Railways and its various field units. The Audit Report includes two pan India paragraphs and 31 individual paragraphs. A brief n below: Para 2.1............

Report No. 22 of 2021 (Railways) Chapter 1 1 Chapter 1 – Introduction 1.1 Audited Entity Profile Indian Railways is a multi-gauge, multi-traction system with a total route length of 67,956 km (as on 31 March 2020). Some important statistics 1 regarding............

Loco (Indirect) IITIndian Institute of Technology INDIndore IPAS Integrated Payroll and Accounting System IPCInterim Payment Certificate IRIndian Railways IRCMIndian Railway Commercial Manual IRPSM Indian Railways Projects Sanctions & Management ITIncome Tax JBPJabalpur JICAJapan International............

Appendices Page | 150 State Finances Audit Report for the year ended 31 March 2021 – Government of Gujarat Appendix 3.1: Glossary of important Budget related terms (Reference: Paragraph 3.1) 1. ‘Accounts’ or ‘Actuals’ of a year. - are the amounts of receipts and disbursements for............

State Finances Audit Report for the year ended 31 March 2021 – Government of Gujarat Page | 83 Chapter 3 Budgetary Management Effective financial management ensures that the decisions taken at the policy level are implemented successfully at the............

Finance Accounts and Appropriation Accounts of the State constitute the core data for this Report. Other sources include the following:  Budget of the State forms an important source of data – both for assessing the fiscal parameters and allocative priorities vis-à -vis projections, as............

Revenue Receip ts were, however, lower than the budget estimates (₹ 1,24,300 crore) by ₹ 19,913 crore. The trends and composition of the Revenue Receipts during the years 2016-17 to 2020-21 are shown in Chart 2.4. Chart 2.4: Trends of Components of Revenue Receipts Source: Finance Accounts............

Since these funds are not routed through the State Budget, these are not reflected in the Accounts of the State Government. These transfers are exhibited in Appendix VI of Volume II of the Finance Accounts 2020-21. Quality of Accounts & Financial Reporting Practices Chapter IV Quality of............

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 and allocative priorities vis-à-vis projections, as well as for evaluating the effecti veness of its............

The actual Capital Expen diture also fell short of the amount estimated in the budget by over 53.88 per cent . The decrease in Capital Expenditure was mainly in respect of expenditure on construction of Roads and Bridges ( ` 769.62 crore), Water Supply, Sanitation, Housing a nd Urban............

4.2 Parking of funds in PFMS aligned bank accounts In order to ensure just-in-time budgetary releases and enable monitoring of the end usage of funds, State Government has been using Public Fi nancial Management System (PFMS) to cover all transactions/payments under the Centra l Sector............

2.5.2.2 Arrears of revenue Arrears of revenue indicate delayed realisation of revenue due to the Government. MTFPS presented with the Budget 2021-22 revealed that at the end of 2020-21, arrears in realisation of revenue was ` 18,610 crore. Against this arrear, there was no dispute............

69 Chapter III Budgetary Management 3.1 Budget Process The annual exercise of budgeting is a means for detailing the roadmap for efficient use of public resources.............

In this connection, Medium Term Fiscal Policy Statement (MTFPS) and the Fiscal Policy Strategy Statement (FPSS) presented with the budget for the year 2021-22 was 5.69% 11.50% 7.92% 7.34%7.87% 10.99% 12.57% 17.77% 4.38% 0.93% 10.12% 11.07%12.15%12.89% 11.40% 9.44% 11.71% 13.09% 9.57% 7.72%............

Vehicle Tracking & Management BADP Border Area Development Programme BCR Balance from Current Revenue BCW&TD Backward Class Welfare & Tribal BE Budget Estimate BEUP Bidhayak Elaka Unnayan Prakalpa BGREI Bringing Green Revolution to Eastern India BGVB Bangiya Gramin Vikash Bank BP Budget............

However, the State Government did not provide budgetary allocation for interest payments under the head of account ‘ 2049 ’ (revenue expenditure), although there were balances totaling ` 1,150.56 crore in the following Interest bearing reserve funds as on 31 March 2020, as indicated in Table............

 Non-crediting of Motor Trans port Workers’ Welfare Cess As per West Bengal Budget Manual (WBBM), income derived from cess imposed by law was to be credited to the Consolidated Fund. GoWB levied Motor Transport Workers’ Welfare Cess as per the West Bengal Motor Transport Workers’............

The analysis is also carried out in the context of recommendations of the XIV Finance Commission (FC), State Financial Responsibility and Budget Management Act and best practices and guidelines of the Government of India. 1.4 Report Structure The SFAR is structured into the following four............

69 Chapter III Budgetary Management 3.1 Budget Process The annual exercise of budgeting is a means for detailing the roadmap for efficient use of public resources.............

Interest payment towards the remaining balance ( ` 81 crore) had been estimated at ` 4.45 crore. During 2019-20, despite budget provision of ` 37 crore, Government did not pay interest ( Table 4.1) in the fund. Table 4.1: Non-discharge of liability in respect of interest towards interest............

AIS All India Service AMRUT Atal Mission for Rejuvenation and Urban Transformation APL Above Poverty Line BCR Balance from Current Revenue BE Budget Estimate BEUP Bidhayak Elaka Unnayan Prakalpa BPL Below Poverty Line BRADA Bhangore Rajarhat Area Development Authority CA G Comptroller and............