Compliance Financial Performance

Report of 2010 - Compliance, Financial and Performance Audit on State Finances of Government of Mizoram

Date on which Report Tabled:
Tue 29 Mar, 2011
Date of sending the report to Government:
Government Type:
Sector Taxes and Duties,Finance,Transport & Infrastructure,Power & Energy,Science and Technology,Information and Communication,Agriculture and Rural Development,Social Welfare,Education, Health & Family Welfare,Social Infrastructure


This Report on the Finances of the Government of Mizoram is being brought out with a view to assess objectively the financial performance of the State during the year 2009-10. The aim of this Report is to provide the State Government with timely inputs based on actual data so that there is a better insight into both well performing as well as ill performing schemes/programmes of the Government. In order to give a perspective to the analysis, an effort has been made to compare the achievements with the targets envisaged by the State Government in Fiscal Responsibility and Budget Management Act, 2006 as well as in the Budget Estimates of 2009-10. A comparison has been made to see whether the State has given adequate fiscal priority to developmental, social sector and capital expenditure compared to other North East (NE) States in the country and whether the expenditure has been effectively absorbed by the intended beneficiaries.

The Comptroller and Auditor General (CAG) has been commenting upon the Government's finances for three years since the FRBM legislation and has published three Reports already. Since these comments formed part of the Civil Audit Report, it was felt that the audit findings on State finances remained camouflaged in the large body of audit findings on compliance and performance audit. The obvious fallout of this well intentioned but all inclusive reporting was that the financial management portion of these findings did not receive proper attention. In recognition of the need to bring State finances to centre-stage once again, a Stand Alone Report on the State Government finances is considered an appropriate audit response to this challenge. Accordingly, from the report year 2008-09 onwards, CAG had decided to bring out a separate volume titled "Report on State Finances". This Report is the second in this endeavor.

The Report based on the audited accounts of the Government of Mizoram for the year ending March 2010, this Report provides an analytical review of the Annual Accounts of the State Government. The Report is structured in three Chapters. Chapter-I is based on the audit of Finance Accounts and makes an assessment of Mizoram Government's fiscal position as on 31 March 2010. It provides an insight into trends in committed expenditure, borrowing pattern besides a brief account of central funds transferred directly to the State Implementing Agencies. Chapter-II is based on audit of Appropriation Accounts and gives the grant-by-grant description of appropriations and the manner in which the allocated resources were managed by the service delivery departments. Chapter-Ill is an inventory of Mizoram Government's compliance with various reporting requirements and financial rules.

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