Audit Reports

Compliance Financial

Report of 2010 – Compliance and Financial Audit on State Finances of Government of Chhattisgarh

Date on which Report Tabled:
Mon 28 Mar, 2011
Date of sending the report to Government
Government Type
Sector Finance


In response to the Twelfth Finance Commission's recommendations, the Chhattisgarh Government enacted its Fiscal Responsibilities and Budget Management (FRBM) Act, entitled the Chhattisgarh Fiscal Responsibility Act, 2005, with a view to ensure prudence in fiscal management and fiscal stability by progressive elimination of revenue deficit, sustainable debt management consistent with fiscal stability, greater transparency in fiscal operations of the Government and conduct of fiscal policy in a medium term fiscal framework. As per the Act, the revenue deficit was to be eliminated by the end of March 2009 and fiscal deficit was to be brought down to less than three percent of the Gross State Domestic Product by the end of March 2009. The State Government had achieved these targets by the end of March 2005.

Based on the audited accounts of the Government of Chhattisgarh 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 at 31 March 2010. It provides an insight into the trends of committed expenditure and borrowing patterns, besides giving a brief account of Central funds transferred directly to the State implementing agencies through the off-budget route.

Chapter II is based on audit of Appropriation Accounts and gives a grant-wise description of appropriations and the manner in which the allocated resources were managed by the service delivery departments.

Chapter III is an inventory of the Government's compliance with various reporting requirements and financial rules. The Report also has additional data collated from several sources in support of the findings.

Download Audit Report