Hyderabad: As per controller and the Auditor General (CAG) According to the report for the financial year ending 2020, the state government has been spending more on the authority for the last few years, which is a matter of concern.
White Legislature The additional expenditure of Rs 84,650 crore made in the last five years is yet to be approved, with about Rs 2,084.03 crore being spent in 2019-20 without budgetary provision, diluting the authority of the state legislature, Cat said. During the period 2016-19, the utilization of budgetary provisions under the four socioeconomic grants was less than 50% of the allocation, affecting socioeconomic development in the State.
The CAG also pointed out that due diligence was not done for clearance of advances from the Contingency Fund. These advances were also not fully utilized for the intended purpose nor were they paid in full within the financial year.
During the financial year 2019-20, revenue receipts increased marginally by Rs 1,124 crore (1.11%) over the previous year, while revenue expenditure increased by Rs 11,715 crore (12.07%). Committed expenditure on interest payment increased by Rs 1,800 crore (14.30%) over the previous year. During 2019-20, the state continued to spend less on education and health.
White Legislature The additional expenditure of Rs 84,650 crore made in the last five years is yet to be approved, with about Rs 2,084.03 crore being spent in 2019-20 without budgetary provision, diluting the authority of the state legislature, Cat said. During the period 2016-19, the utilization of budgetary provisions under the four socioeconomic grants was less than 50% of the allocation, affecting socioeconomic development in the State.
The CAG also pointed out that due diligence was not done for clearance of advances from the Contingency Fund. These advances were also not fully utilized for the intended purpose nor were they paid in full within the financial year.
During the financial year 2019-20, revenue receipts increased marginally by Rs 1,124 crore (1.11%) over the previous year, while revenue expenditure increased by Rs 11,715 crore (12.07%). Committed expenditure on interest payment increased by Rs 1,800 crore (14.30%) over the previous year. During 2019-20, the state continued to spend less on education and health.