Revenue, fiscal deficits understated in 2018-19: CAG
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There was a complete expenditure of ₹1.34 crore with out appropriation by legislature
Tamil Nadu’s income deficit of ₹23,459.44 crore throughout 2018-19 was understated by ₹3,757.23 crore and fiscal deficit by ₹1,300.49 crore primarily owing to quick transfers totalling ₹1,366 crore in direction of varied reserve funds, similar to sinking fund and assure redemption fund, in response to the Comptroller and Auditor-General’s report on State funds for the 12 months ended March 2019. There have been additionally e book changes of curiosity receipts to the tune of ₹2,461.48 crore.
The CAG additionally discovered that in 20 circumstances, there was a complete expenditure of ₹1.34 crore with out appropriation by the legislature both in the unique or supplementary estimates, whereas in 24 circumstances, an expenditure of ₹8.15 crore was incurred with out remaining modified appropriation.
“As on March 31, 2019, 348 cases of misappropriation, shortages, theft and loss, involving a total amount of ₹14.71 crore, were pending disposal. Out of these cases, 331 were pending for more than 10 years,” the report mentioned. Of these, 170 are awaiting departmental and prison investigation, departmental motion has been initiated however not finalised in 116 circumstances, 16 have prison proceedings finalised however the restoration of the quantity is pending and 24 are awaiting orders for restoration or write-off, whereas 22 circumstances are pending in the courts.
A complete of 257 circumstances have been pending for 21 years and above, and 34 circumstances are pending between 16 years and 20 years, whereas 40 circumstances have been pending for over 11 years.
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