Audit Reports
Performance
Madhya Pradesh
Report No. 2 of 2015 - Performance Audit on Public Sector Undertakings of Government of Madhya Pradesh
Date on which Report Tabled:
Wed 22 Jul, 2015
Date of sending the report to Government:
Government Type:
State
Sector
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Overview
Audit of Government Companies is governed by Section 619 of the companies Act 1956.The accounts of Government Companies are audited by Satutory Auditors appointed by CAG.These accounts are also subject to supplementary audit conducted by CAG.Audit of Statutory Corporation is governed by their respective legislations.As on 31 March 2014,the State of Madhya Pradesh had 58 working PSUs(55 Companies and three Statutory corporations) amd nine non-working PSUs (all Companies),which has employed 62420 employees.