Overview of the Report No. 1 of 2022- State Finances Audit Report of the Government of West Bengal for the year 2020-21
State Finances Audit Report for the year ended March 2021 has been prepared for submission to the Governor of West Bengal under Article 151 of the Constitution of India. The Reports containing the findings of Performance Audit and Compliance Audit in various Government departments, observations arising out of audit of Statutory Corporations, Boards and Government Companies and observations on Revenue Receipts are presented separately.
Based on the audited Accounts of the Government of West Bengal for the year 2020-21, this Report provides an analytical review of the Annual Accounts of the State Government. The Report is structured in five chapters.
Chapter 1 of this Report contains the basis and approach to the State Finances Audit Report, structure of the Report, structure of Government Accounts, budgetary processes, trends in key fiscal parameters like surplus/deficit, fiscal surplus/deficit, etc. and fiscal correction path.
Chapter 2 and 3 of the Report contain Audit findings on matters arising from an examination of the Finance Accounts and Appropriation Accounts respectively, of the State Government for the year ended 31 March 2021. Information has been obtained from Government of West Bengal, wherever necessary.
Chapter 4 provides an overview and status of the State Government’s compliance with various financial rules, procedures and directives during the current year.
Chapter 5 presents the financial performance of ‘Government Companies’, ‘Statutory Corporations’ and ‘Government controlled other Companies’.