Govt defends policy,contests CAG findings

Reacting to a Comptroller and Auditor General of India on its mounting fiscal liabilities and other problems,the Himachal Pradesh government on Saturday

Reacting to a Comptroller and Auditor General of India (CAG) on its mounting fiscal liabilities and other problems,the Himachal Pradesh government on Saturday said it had done well in establishing an institutional mechanism for fiscal transparency and accountability.

A government spokesman on Saturday also asserted that the CAG report in its background note had pointed out some positive indicators and had appreciated the governments efforts.

He said the budget estimates,for both the receipt and expenditure of the government,were framed as per estimates received from the departments which are examined at the level of Finance Department in view of actual receipt and expenditure trend of last three years.

As these estimates are framed a year in advance,any deviation in these estimates during the course of year are reflected/ taken into account in the Revised Estimates of the year,which are placed before the State Legislature as per set norms and practice being followed by all states as well as Union Government.

In addition,token provisions are being made under receipt and expenditure in almost all centrally sponsored schemes which leads to major deviation both under receipt,estimates and expenditure on receipt of actual releases from the central government. The expenditure is bound to increase due to liabilities on pension,wages,interests,salaries,maintenance among others ,the spokesman said.

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