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AG briefs media
Correspondent KOHIMA, MAR 23 (NPN):
Published on 24 Mar. 2009 12:54 AM IST
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Accountant General (AG), Nagaland on Monday said that the state government should initiate and take action on the various anomalies detected by the report of the Comptroller and Auditor General (CAG). “We are not an investigating agency, we give our report based on the authentic documents provided to us by the departments and the government should take action on the various anomalies detected by the CAG report” stated AG Nagaland, A. N. Sarkar, while briefing the media here at his office chamber on the CAG report for the year ended March 31, 2008, AG Nagaland. He said the CAG report was only a tip of ice-berg. The CAG report for the year ended March 31, 2008 was prepared on the basis of the information furnished and made available by the government departments and state owned companies and corporations. Brief highlights of audit report 2007-08 indicated that the fiscal health of the state as reflected in terms of trends in key fiscal and primary deficits exhibited nominal improvement during 2007-08 over the previous year. State finances are heavily dependent on central transfers (91.63 per cent of total receipts) by way of grants-in-aid from the government of India (78.29 per cent) and central tax transfers (13.34 per cent) that helped the state maintain the revenue surplus of Rs.423.75 crore during 2007-08. Expenditure pattern revealed that the growth of non-plan revenue expenditure increased from 7.99 per cent in 2006-07 to 18.03 per cent in 2007-08 whereas, the plan revenue expenditure decreased from 7.29 per cent in 2006-07 to 6.88 per cent in 2007-08.

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