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CAG highlights loss of Rs 409 crore in Bihar

The audit report on state finances in Bihar for the period ended March 31, 2011, highlighted altogther 1034 cases of misappropriation.



Patna: The audit report on state finances
in Bihar for the period ended March 31, 2011, highlighted
altogther 1034 cases of misappropriation, defalcation, theft
and loss involving government money amounting to Rs 409 crore.

A CAG report pointed out that out of Rs 25331.05 crore
drawn on Abstract Contingent bills during the year 2002-03 to
2010-11, Detailed Contingent bills amounting to Rs 2755.68
crore only were submitted to the Accountant General, Bihar.

As on September 14, DC bills in respect of of Rs
22,75.37 crore drawn were not submitted despite repeated
reminders and request.
The report revealed that out of Rs 7015.37 crore drawn
during 2010-11 on AC bills, Rs 2749.82 crore (39 per cent) was
drawn in March 2011. Of this, Rs 937.75 crore was drawn during
the last four days i.e. 28 March 2011 to 31 March 2011.

Stating that advances from the contingency fund were
to be given only for meeting expenditure of an unforeseen and
emergent nature, the CAG said the state legislature raised the
corpus of the contingency fund from Rs 350 crore to Rs 1500
crore on temporary basis for the current financial year for
relief and rehabilitation measures.
The state government, however, succeeded in
maintaining a revenue surplus during 2006-11.

There was also a significant increase in revenue
surplus during the current year. The growth of revenue
receipts during the year was Rs 9005 crore (25 per cent) over
the previous year mainly due to increase in state`s own tax
revenue/share of union taxes/duties and grants-in-aid from the
Government of India, it said.

PTI

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