In accordance with Article 151 of the Constitution of India, the Report of the Comptroller and Auditor General of India on State Finances for the year 2015-16 - Government of Punjab, was presented to the State Legislature on 29-03-2017.
This Report provides an analytical review of the Annual Accounts of the State Government in three Chapters.
Chapter-I is based on the Finance Accounts and makes an assessment of Punjab Government’s fiscal position as on 31 March 2016. It provides an insight into trends and profile of key fiscal aggregates, committed expenditure, borrowing pattern, etc.
Chapter-II is based on Appropriation Accounts and it gives the grant-wise description of appropriations and the manner in which the allocated resources were managed by the service delivery departments.
Chapter-III details Government’s compliance with various reporting requirements and financial rules and submission of accounts.