JK: CAG finds violation of financial norms in govt functioning | chandigarh | Hindustan Times
Today in New Delhi, India
Sep 21, 2017-Thursday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

JK: CAG finds violation of financial norms in govt functioning

A report of Comptroller and Auditor General (CAG) has found that successive governments in Jammu and Kashmir during past 30 years have violated financial norms by failing to regularise excess expenditure amounting to Rs 78428.62 crore.

chandigarh Updated: Apr 14, 2012 15:20 IST

A report of Comptroller and Auditor General (CAG) has found that successive governments in Jammu and Kashmir during past 30 years have violated financial norms by failing to regularise excess expenditure amounting to Rs 78428.62 crore.

The CAG report on state finances for the year ended March 2011 finds that the amount was not regularised for the years 1980-2010 in the state.

It said that as per the Article 205 of the Constitution, it is mandatory for the state government to get the excess over a grant appropriation regularised by the state Legislature.

"Although no time limit for regularisation of expenditure has been prescribed under the Article, the regularisation of excess expenditure is done after the completion of discussions of appropriation accounts by the Public Accounts Committee (PAC)," report said, adding that appropriation accounts were not discussed in the PAC at all.

While giving the break up, the report said that Rs 12954.06 crore were not regularised in 16 grants and appropriations in 2005-06, followed by Rs 9770.53 crore in 18 grants and appropriations in 2003-04, Rs 6393.41 crore in 15 grants in 2001-02, Rs 6310.25 crore in 11 grants in 2000-01, Rs 5851.08 crore in 12 grants in 1999-2000, Rs 4189.21 crore in 16 grants and appropriations in 1997-98.

Besides, Rs 4185.25 crore in 6 grants and appropriations in 1998-99 and Rs 4062.58 crore in 14 grants and appropriations in 2009-10, the report said.