CAG detects Rs.215.89 crore loss, misappropriation in 18 govt deptts

CAG detects Rs.215.89 crore loss, misappropriation in 18 govt deptts
DIMAPUR, FEB 20 (NPN) | Publish Date: 2/20/2021 12:59:15 PM IST

Comptroller and Auditor General (CAG) of India in a report  for the year ended March 2019 revealed that 36 cases of misappropriation, losses etc. involving Rs. 215.89 crore was pending for final action by 18 government departments.

The report, which was tabled in the recently concluded Assembly session, pointed out that the amount involved Rs. 218.56 crore out of which Rs. 2.67 crore was recovered. As a result, final action was pending for the amount of Rs. 215.89 crore up to the period ending March 31, 2019.

CAG report also disclosed that the highest amount of misappropriation, loss and theft amounting to Rs. 82.96 crore was under School Education department, which include two cases of misappropriation, one theft case and one case of loss of government material, out of which an amount of Rs.0.57 crore had been recovered as on December 2019.

In its recommendations, the Comptroller and Auditor General of India  urged the State government to lodge First Information Report (FIR) in all the cases of defalcation, misappropriation, loss to the government and to ensure that timely action was taken in all such cases, so as to act as a deterrent in recurrence of such cases.

Civil Deposits: Further, the CAG report stated that an amount of Rs.44.75 crore, sanctioned to 12 government departments/agencies during 2018-19, was lying in Civil Deposits (CD) and retained outside the government account indicating that the funds were not immediately required for utilization.

The Comptroller and Auditor General noted that paying interest at higher rates on borrowings while keeping amounts in Civil Deposits, which did not bear any interest, showed poor cash and financial management by the State government.

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