Revenue expenditure increases 7 per cent : CAG Report

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Puducherry, May 5 (UNI) The revenue receipts of the territorial administration has increased by 4.55 per cent to Rs 82 crore and revenue expenditure increased by seven per cent to Rs 133 crore during 2007-08, according to the report of the Comptroller and Auditor General of India for the year ended March 31, 2007.

As per the report tabled in the House today, the fiscal liabilities grew by 19.1 per cent from Rs 1,820 crore in 2005-06 to Rs 2,168 crore in 2006-07 and the return on investment was Rs 1.03 crore, 0.1 per cent, against the government investment of Rs 712.36 crore in companies and cooperatives.

During 2006-07, expenditure of Rs 2,409 crore was incurred against the total grants and appropriations of Rs 2,891 crore, resulting in a saving of Rs 482 crore and Rs 3.61 crore was spent on new schemes without the approval of the Legislature.

The Puducherry administration had not sought funds from Centre for implementing book banks and pre-examination coaching.

Under the scheme, to educate the scheduled castes here, the department had not ensured the payment of scholarships to all eligible students and paid scholarship of Rs 28.97 lakh to ineligible students and also made excess payment of Rs 17.11 lakh by not following the Centre's norms, the report noted.

The Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC) had developed only one industrial growth centre, which was during 2006-07 in Karaikal and the delay in completion of the growth centre resulted in cost overrun of Rs 2.28 crore.

Failure of the PIPDIC to revise the rate for maintanance charges periodically and non-inclusion of salary and allowances of maintanance staff resulted in loss of Rs 2.21 crore.

Poor monitoring and follow up of outstanding dues resulted in non-recovery of dues amounting to Rs 10.79 crore, the report observed.

Audit of financial transactions test checked in various departments and their field offices revealed instances of avoidable expenditure to the tune of Rs 21.46 crore, the report said.

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