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Key Points

The CAG report reveals Bihar failed to submit UCs for projects worth Rs 70,877 crore. Auditors warned this could lead to embezzlement or fund diversion. The state also didn't submit Rs 9,205 crore in DC bills against advances. Such lapses weaken financial accountability and risk public money misuse.

Key Points: Bihar Govt Failed to Submit Rs 70,000 Crore Project UCs Says CAG

  • CAG finds 49,649 pending UCs worth Rs 70,877 crore in Bihar
  • Rs 9,205 crore DC bills also missing per audit
  • Delayed submissions breach financial discipline rules
  • Report warns of fund misuse without proper documentation
2 min read

Bihar Govt failed to submit utilisation certificates of projects worth over Rs 70,000 crore: CAG

CAG flags Bihar govt for missing Rs 70,877 crore project UCs, warns of fund misuse risks in latest audit report.

"High pendency of UCs is fraught with the risk of embezzlement, misappropriation, and diversion of funds – CAG Report"

Patna, July 25

The Comptroller and Auditor General (CAG) in its report stated that the Bihar government has failed to submit utilisation certificates (UCs) for projects worth Rs 70,877 crore, raising concerns that funds might be 'misused'.

The CAG report on the State Finances Audit for the year 2023-24 was tabled in the state assembly.

The CAG report states, "Despite the requirement of submitting Utilisation Certificates (UCs) within a stipulated time period, 49,649 outstanding UCs of Rs 70,877.61 crore were not received by the Accountant General (Accounts & Entitlements), Bihar, as on 31 March 2024. In the absence of UCs, there is no assurance that funds disbursed have been used for the intended purpose."

"Moreover, high pendency of UCs is fraught with the risk of embezzlement, misappropriation, and diversion of funds," the report said.

The CAG further noted, "Despite the requirement of submitting Detailed Contingent (DC) Bills against the advance money withdrawn through Abstract Contingent (AC) Bills, DC Bills against 22,130 AC bills of Rs 9,205.76 crore were pending for submission as on 31 March 2024."

"Non-submission of DC bills within the prescribed period breaches financial discipline and enhances the risk of misappropriation of public money," the report stated.

As per the report, "Compliance with prevailing rules and codal provisions is meant to ensure control and accountability in accounting and financial reporting. Non-compliance and deviations impact the quality of accounting and financial reporting adversely."

"Non-timely submission of UCs against grants; non-submission of DC bills against AC bills; and non-supply of details of expenditure from SNAs have impacted the quality of accounts adversely," the report further stated.

- ANI

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Reader Comments

P
Priya S
Very disappointing but not surprising. Every year we hear about such reports but nothing changes. The common people suffer while politicians enjoy the benefits. When will Bihar get responsible leadership?
A
Aman W
As someone working in finance, this is a major red flag. Non-submission of UCs for such huge amounts indicates either extreme inefficiency or deliberate mismanagement. The CAG report should trigger immediate action from central agencies.
S
Sarah B
While the findings are concerning, we should wait for the government's response before jumping to conclusions. Maybe there are valid reasons for the delay in documentation. Let's not forget Bihar has made progress in many areas recently.
K
Karthik V
This money could have transformed Bihar's education and healthcare systems! Instead, it's lost in paperwork and possibly corruption. When will our leaders understand that development funds are not their personal piggy banks? 🤦‍♂️
N
Neha E
The CAG report highlights systemic issues in Bihar's administration. Instead of political blame games, all parties should come together to fix these financial management problems. Our state deserves better governance.

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