Audit Reports

    an effort has been made to compare the achievements with the targets envisaged by the State Government Fiscal Responsibilities and Budgetary Management Act, 2005 and in the budget estimates of 2013-14. The Report Based on the audited accounts of the Government of Maharashtra for............

This Report on the Finances of the Government of Orissa is being brought out with a view to assess objectively the financial performance of the State during 2009-10 and to provide the State Government and State Legislature with timely inputs based...

assessment made by the Finance Commission (TFC) and achievements with the targets envisaged by the State Government in Fiscal Responsibility and Budget Management Act, 2005 as well as in the Budget Estimates of 2009-10. A comparison has been made to see whether the State has given adequate............

The Tramway because of its low speed does not require an elaborate safety certification prevalent in Indian Railways. More importantly, the issues of accountability or financial liabilities arising out of loss occasioned by the death or bodily injury to any person due to any unforeseen............

For construction of 12 projects (Irrigation :9, Roads and bridges:2, Railways:1) under four test checked LAOs 66, the administrative departments (Water Resources, Commerce and Transport, Works) initially sanctioned LA cost calculating additional compensation at 12 per cent per annum for a............

did not respond to repeated reminders for depositing the balance amount, the PWD proposed (January 2014) to acquire the balance land through budget head leading to liability of ` 9.54 crore to the Government. The GoM stated that no amount was provided for in the budget for land............

There was shortfall in certification of accounts by Chartered Accountants during the years 2008-13. The budgets prepared by the ULBs were not realistic as evidenced by savings in both receipts and payments vis-a-vis budget provisions. The ULBs did not utilise the entire Thirteenth Finance............

Executive Summaryvii CHAPTER-I Finances of the State Government 1.1Summary of Current Year’s Fiscal Operations2 1.2Fiscal Responsibility and Budget Management Act, 20063 1.3Budget Analysis6 1.4Resources of the State7 1.5Revenue Receipts10 1.6Application of Resources17 1.7Quality of............

In June 2005, Orissa Government responded to the Twelfth Finance Commission’s recommendation by legislating its “Fiscal Responsibilities and Budget Management Act (FRBM).” It sets out a reform agenda through fiscal correction path in the medium term with the long-term goal of securing............

Special financial support - GoM provides budgetary support by way of grants and subsidies to PSUs as and when required. Guarantees - GoM also provides guarantees for the repayment of loans and interest thereon availed by PSUs from financial institutions. Investment in State PSUs 1.8 As............