CAG Slams Maharashtra Govt Over Unnecessary Supplementary Funds Provisions
The Comptroller and Auditor General (CAG) has pointed out that the supplementary fund provisions made by the Maharashtra government for the financial year was not required.
The CAG report observed that the government had indulged in "rush of expenditure" in the last month of the financial year. (File photo)
Mumbai: The Comptroller and Auditor General (CAG) has pointed out that the supplementary fund provisions made by the Maharashtra government for the financial year was not required.
The CAG report on Economic Sector for the year 2015-16 said, "As against the original provision of Rs 2,53,591.80 crore, expenditure of Rs 2,36,066.30 crore was incurred, thereby requiring no supplementary funds.
"This also indicated that seeking supplementary provisions was avoidable since the expenditure did not even reach the level of original provision," the report said. "In view of the overall savings of Rs 52,9954.04 crore, the supplementary provision of Rs 35,468.54 crore proved wholly unnecessary," it stated.
According to the Bombay Financial Rules, 1959, rush of expenditure in the closing month of the financial year should be avoided.
The report also pointed out that the government made unwarranted and irregular advances from Contingency Fund.
Contingency Fund of the State Government is in the nature of an imprest placed at the disposal of the Governor to enable him to make advances to meet urgent unforeseen expenditure, pending authorisation by the State Legislature.
The government had spent Rs 32 crore from the Contingency Fund for the purchase of 2,050 sq ft three-storey house in London where Dr Babasaheb Ambedkar once lived.
Recommended For You
- Amitabh Bachchan Returns To Mumbai After Thugs Of Hindostan Shoot, Ready To Work On Future Projects
- Top 5 Motorcycles to Buy in a Budget of Rs 3 Lakh to Rs 7.5 Lakh
- Elavenil Valarivan Wins Gold in Junior World Cup, Bronze for Babuta
- Royal Enfield Himalayan Shows Why It's Better Than Bajaj Dominar 400 in Facebook Viral Video
- Indians Are Warning 'The Fault In Our Stars' Author About the Bollywood Remake