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No record of Rs 44,000 crore government spending

News:

  • Various ministries have released close to Rs 44,000 crore without getting utilization certificates of grants given to organizations, resulting in spending without any evidence of gains flowing to the beneficiaries.
  • The concern has been flagged by the Comptroller and Auditor General (CAG).
  • The numbers would be much higher as at least 13 ministries did not share information with the federal auditor.
  • Some of the utilization certificates which are due date back to almost four decades.
  • During years of fiscal strain the expenditure department in the finance ministry exercises strict control on release of funds.
  • Several ministries have protested the government’s decision to decentralize spending and do away with a majority of centrally-sponsored schemes, leaving it to states to decide based on their development needs.
  • The argument has been that priority areas would be ignored by states and crucial human development parameters would suffer.

Source:TOI

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