Chhattisgarh State suffered a revenue deficit of Rs809 crore during the fiscal 2013-14 and it failed to maintain zero revenue deficit as envisaged in the 13th Finance Commission and the Fiscal Responsibility and Budget Management (FRBM) targets, informed the Auditor General (AG), Chhattisgarh, BK Mohanty on Thursday.
The growth rate of GSDP during fiscal 2013-14 was 13.21 per cent against the 13th Finance Commission projection of 12.50 per cent, he said, while addressing a Press conference here on Thursday. Notably, the report of Comptroller and Auditor General (CAG) was tabled in Chhattisgarh Assembly on Thursday.
"There was large saving of Rs10,171.67 crore in 2013-14 indicating improper budget estimation. Advances amounting to Rs32.84 crore on 13 occasions were withdrawn from Contingency Fund during 2013-14 to meet expenditure which was neither unforeseen nor of emergent nature," he added.
During 2013-14, Capital Expenditure decreased by seven per cent over the previous year. The decrease was mainly under Capital outlay on power projects, urban development and water supply and sanitation, he informed. During fiscal 2013-14, liabilities of the State (Rs24,902 crore) grew by 29.24 per cent over the previous year. The fiscal liabilities were 13.46 per cent of GSDP as compared to 11.79 per cent of GSDP during previous year, Mohanty said.
The State Excise department reported highest deficiencies in form of non/short levy of excise duty/penalty and other irregularities amounting to Rs280.03 crore, he said. "The department had not framed any rules to recover the licence fee of Rs178.41 crore from the licencees which was collected by them from the consumers during sale of liquor in excess of Minimum Guaranteed Quota (MGQ)," the AG said.
The Central Government directly transferred Rs4,046.30 crore to the State Implementing Agencies for implementing various schemes during 2013-14. The funds were not routed through State budget', Mohanty said. Out of 20 Public Sector Undertakings (19 Government companies and one statutory corporation) 12 PSUs had earned a total profit of Rs123.66 crore and four PSUs incurred a total loss of Rs543.80 crore as on September 30, 2014, he informed.