This report provides an analysis of the finances of the State Government, based on the audited accounts of the Government of Telangana for the year ended March 2016. The Report is structured in three Chapters.
Chapter 1 is based on the Finance Accounts and makes an assessment of the Government’s fiscal position as on 31 March 2016. It presents and analyses the State Government’s resources and their application, developmental expenditure, borrowing pattern, sustainability of debt etc. It also assesses the adequacy of the State’s fiscal priorities.
Chapter 2 is based on audit of the Appropriation Accounts and reviews the allocative priorities of the State Government and the manner in which the allocated resources were managed by the various Departments.
Chapter 3 gives an overview of the State Government’s compliance with various reporting requirements and financial rules.
The data collated from several sources in support of the findings of Audit are included as appendices at the end of the report.