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Jharkhand

Report of 2015 - State Finances, Government of Jharkhand for the year ended 31 march 2015

Date on which Report Tabled:
Tue 15 Mar, 2016
Date of sending the report to Government
Government Type
State
Sector Finance

Overview

Based on the audited accounts of the Government of Jharkhand for the year ended 31 March 2015, this Report provides an analytical review of the Annual Accounts of the State Government. The financial performance of the State has been assessed based on the Fiscal Responsibility and Budget Management (FRBM) Act, 2007, as amended in 2011 and 2012, Budget documents, Economic Review, Thirteenth Finance Commission Report and other financial data obtained from various Government departments and organisations. The Report is structured in three Chapters.

Chapter- 1 is based on the audit of Finance Accounts and makes an assessment of the Government’s fiscal position as on 31 March 2015. It provides an insight into trends in overall financial position of the State, actuals vis-à-vis budget estimates of committed expenditure and borrowing patterns, besides Governments’ investments and returns thereon.

Chapter- 2 is based on audit of Appropriation Accounts and gives a grantwise description of appropriations and the manner in which the allocated resources are managed by the service delivery departments.

Chapter- 3 is an inventory of the Jharkhand Government’s compliance with various reporting requirements and financial rules along with audit observations based on the study of State Disaster Response Fund of the State. The Report also has an appendage of additional data collated from several sources in support of the findings. Appendix 4.1 at the end gives a glossary of terms and acronyms – related to State economy, as used in the Report.

 

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