Mumbai, 15^th July 2024

The Comptroller and Auditor General (CAG) of India has released State Finance Audit Report for the year 2021-22 and 2022-23, focusing on the financial landscape, budgetary management, quality of accounts, and financial reporting practices of Maharashtra.

1. State Finance Audit Report 2021-22

The comprehensive report evaluates the financial performance of the state during the fiscal year 2021-2022.  This report, prepared by the Comptroller and Auditor General (CAG), aims to provide an objective analysis of the state's finances, comparing achievements against targets set under the Fiscal Responsibility and Budgetary Management (FRBM) Act, 2005, and the 2021-22 Budget estimates.

The CAG report, presented on 12th July 2024 in the State Legislature, offers timely insights based on thorough financial data analysis. It serves to inform both the State Government and the State Legislature about the state's financial health and adherence to fiscal management norms.

Key Chapters Covered in the Report:

Chapter 1 – Overview of State Finances

Chapter 2 – Finances of the State

Chapter 3 – Budgetary Management

Chapter 4 – Quality of Accounts and Financial Reporting Practices

Chapter 5 – Performance of State Public Sector Undertakings

The complete State Finances Audit Report by the Comptroller and Auditor General for the year ended 31st March 2022, Government of Maharashtra is available here.

2. State Finance Audit Report 2022-23

The report evaluates the financial performance of the state during the fiscal year 2022-2023. It focuses on the financial landscape, budgetary management, quality of accounts, and financial reporting practices of Maharashtra.

Presented to the State Legislature on 12th July 2024, the report provides a comprehensive overview of the state's fiscal performance up to 31st March 2023. This document sheds light on critical aspects influencing the economic governance and financial stewardship of Maharashtra, offering insights crucial for stakeholders and policymakers alike.

Key Chapters Covered in the Report:

Chapter I - Overview

Chapter II - Finances of the State

Chapter III:   Budgetary Management

Chapter IV-Quality of Accounts and Financial Reporting Practices

Chapter V- Financial Performances of State Public Sector Undertakings

The complete State Finances Audit Report by the Comptroller and Auditor General for the year ended 31st March 2023, Government of Maharashtra is available here.

 

 

NJ/DL/PM

 

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