CAG AUDIT REPORTS, FINANCE ACCOUNTS & APPROPRIATION ACCOUNTS FOR 2016-17 CLEARED BY CABINET FOR PRESENTATION IN PUNJAB VIDHAN SABHA
Chandigarh, March 21: The Council of Ministers on Wednesday cleared the presentation of the Comptroller and Auditor General of India (CAG) Audit Reports, Finance Accounts and Appropriation Accounts for the year ending March 31, 2017, in the Punjab Vidhan Sabha.
This decision was taken during a Cabinet meeting presided over by Chief Minister Captain Amarinder Singh at the Punjab Vidhan Sabha this evening.
A spokesperson of the Chief Minister’s Office said that as per provisions contained in Clause 2 of Article-151 of the Constitution of India, the aforesaid documents and reports are mandatory to be tabled in the State Assembly during the current Budget Session.
CAG has forwarded authenticated copies, including its Report on State Finance, Public Sector Undertaking (Social, General and Economic Sectors), Non-Public Sector Undertakings (Social, General and Economic Sectors) and Revenue Sectors of the Government of Punjab for the year 2016-17 besides Finance Accounts (Vol-I and II) and Appropriation Accounts of the Government of Punjab for the year 2016-17, to the state government to table the reports in the Assembly.
Further, according to the provision of Rule 11 of the Rules of Business of the Government of Punjab, 1992 and entry at Sr.No.14 of the Schedule thereto, the annual audit review of the Finances of the State is required to be placed before the Council of Ministers.