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For 34 yrs, JK Govt fails to regularise 99,409 Cr excess expenditure:CAG
4/21/2015 12:22:05 AM
Early Times Report

Srinagar, Apr 20: Successive state government has failed to regularise an excessive amount of 99,409 Crores in the legislative assembly for the past 34 years. This has been stated in a report of Comptroller and Auditor general of India (CAG) that was tabled in the assembly during the recently concluded budget session.
As per section 82 of the constitution of Jammu Kashmir, the state government is under a obligation to regularise the excess over the grant/appropriation regularized after completion of discussion of appropriation ccounts by the Public Accounts Committee (PAC), the report said.
Taking serious note of the lapse, the CAG report said that appropriation accounts (1980-81) had not been discussed in the PAC. "The excess expenditure aggregating to Rs 94,939.74 crore for the year 1980-2013 is yet to be regularised by the State Legislature," said the report.
After including further excess expenditure of Rs 4469.79 crores during 2013-14 as brought out in succeeding sub-section the aggregate excess expenditure requiring regularisation by State Legislature stands at Rs 99,409.53 crore as on March 31, 2014, it said.
Giving further details, it said that of the total excess expenditure, Rs 12954.06 crores stands as highest excess expenditure for the year 2005-06 during last 34 years which have not been regularised.
It is followed by excess expenditure of Rs 9770.53 crore not regularised in the year 2003-04, Rs 6393.41 crore in year 2001-02, Rs 6310.25 crore in the year 2000-01 and Rs 6130.76 crores in year 2010-11.
The lowest excess expenditure to be regularised is amounting to Rs 19.64 crores in the year 1985-86 and Rs 41.99 crores in the year 1981-82 followed by 65.42 crores in 1984-85.
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