Audit Reports

Assam

Overview

This Report on the Finances of the Government of Assam is being brought out with a view to assess objectively the financial performance of the State during the year 2009-10. The aim of this Report is to provide the State Government with timely inputs based on actual data so that there is a better insight into both well performing as well as ill performing schemes/programmes of the Government. In order to give a perspective to the analysis, an effort has been made to compare the achievements with the targets envisaged by the State Government in Fiscal Responsibility and Budget Management Act, 2005 as well as in the Budget estimates of 2009-10.

The Comptroller and Auditor General (C&AG) has been commenting upon the Government's finances for over five years since the FRBM legislation and have published four Reports already. Since these comments formed part of the Civil Audit Report, it was felt that the audit findings on State finances remained camouflaged in the large body of audit findings on compliance and performance audits. The obvious fallout of this well-intentioned but all-inclusive reporting was that the financial management portion of these findings did not receive proper attention. In recognition of the need to bring State finances to centre-stage once again, a stand-alone Report on State Government finances is considered an appropriate audit response to this challenge. Accordingly, from the report year 2009 onwards, C&AG had decided to bring out a separate volume titled 'Report on State Finances'. This Report is the second in this endeavour.

Based on the audited accounts of the Government of Assam for the year ending March 2010, this report provides an analytical review of the Annual Accounts of the State Government. The report is structured in three Chapters. Chapter I is based on the audit of Finance Accounts and makes an assessment of the Government's fiscal position as on 31 March 2010. It provides an insight into trends in committed expenditure, borrowing pattern besides a brief account of Central funds transferred directly to the State implementing agencies through off-budget route. Chapter-II is based on audit of Appropriation Acc ounts and it gives the grant-by grant description of appropriations and the manner in which the allocated resources were managed. Chapter III is an inventory of Government's compliance with various reporting requirements and financial rules. The fiscal position of the State viewed in terms of key fiscal parameters ' revenue deficit, fiscal deficit, primary deficit etc. indicated that except during 2009-10 the State had maintained revenue, fiscal and primary surplus during the last four years. During the current year, the State had witnessed huge deficit in all the three parameters but managed to minimize holding of large cash surplus.

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• Preface
• Executive Summary
• Chapter 1 - State Finances
• Chapter 2 - Financial Management and Budgetary Control
• Chapter 3 - Financial Reporting
• Appendices