Revisit budgeting methods to make estimates more realistic in Uttar Pradesh: CAG
Lucknow, Aug. 6 -- The Comptroller and Auditor General of India (CAG) has taken strong exception to the Uttar Pradesh government's manual preparation of the state budget and asked the finance department to revisit budgeting methods to make budget estimates more realistic in the state.
"Develop adequate functionality for budget preparations, surrender, re-appropriation and demand for budget. Ensure budget control through Integrated Financial Management System (IFMS)...The finance department needs to revisit their budgeting methods to make the budget estimates more realistic," the CAG observed while pointing out glaring irregularities in budget allotment, surrender and reappropriations.
The CAG made these observations in its report (Compl...
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