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Financial Management & Physical Progress 11 th September, 2012.

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Presentation on theme: "Financial Management & Physical Progress 11 th September, 2012."— Presentation transcript:

1 Financial Management & Physical Progress 11 th September, 2012

2 NRHM -Releases & Expenditure 2005-06 to 2010-12 Releases and Expenditure are inclusive of State share.

3 States who could not Avail more than 90% of B.E during the F.Y 2011-12 ProgrammesStates RCH Flexible Pool Andhra Pradesh, Delhi, Goa, Himachal Pradesh, Kerala, Manipur, Meghalaya *, Mizoram, Sikkim, Tamil Nadu, Tripura* & Uttar Pradesh Mission Flexible Pool Bihar, Delhi, Manipur, Sikkim & Uttar Pradesh NRHM (Including all the Programmes) Andaman & Nicobar Islands, Bihar, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Delhi, Lakshadweep, Manipur, Meghalaya, Sikkim, Tripura & Uttar Pradesh

4 DoE Conditionalities for Release of Funds Observance of discipline in fiscal transfers to States: Furnishing the Utilization Certificates is MUST. No funds transfer under any Plan schemes in relaxation of matching funding by the states. State Governments to furnish monthly returns of Plan expenditure. The unspent balances available with the States and implementation agencies to be taken into account before further releases are made.

5 Criteria for Release of Funds First release of 75% of B.E.- No shortfall under State’s Matching contribution No Pending Audited UCs up to 2010-11 After deducting the Unspent balance Regular Financial Reporting Final release of balance 25% of B.E.- Submission of Consolidated Audit Report of 2011-12 and Audited UCs Credit of 25%/10% State Share to Bank account of SHS for the amount already released by GOI in 2012-13 after contributing the arrears of matching State share. Submission of Physical and Financial Progress made by the State. Compliance with above and ROP conditionalities of incentives and disincentives. All states MUST ensure compliance else release not possible

6 6 State Share Status (High Focus States) StateTotal B.E for year 2012-2013 Accumulated arrears in State share till 2011- 2012 State Share for 2012-13 Total pending Share Bihar 1,421.32 -134.54 473.77 339.23 Chhattisgarh 473.71 36.95 157.90 194.85 H.P. 141.97 24.28 15.77 40.06 J&K 209.75 37.12 23.31 60.43 Jharkhand 555.83 11.04 185.28 196.32 M.P. 1,032.41 164.30 344.14 508.43 Orissa 653.52 9.91 217.84 227.75 Rajasthan 980.98 -6.08 326.99 320.92 U. P. 2,685.50 177.01 895.17 1,072.18 Uttarakhand 206.670.0033.86 Rs. in crore

7 7 State Share Status (NE States) Rs. in crore StateTotal B.E for year 2012- 2013 Accumulated arrear in State share till 2011-2012 State Share for 2012-13 Total pending Share Arunachal Pradesh 74.01 17.82 8.22 26.04 Assam 1,054.14 98.18 117.13 215.30 Manipur 114.66 40.87 12.74 53.61 Meghalaya 125.45 -2.64 13.94 11.30 Mizoram 75.84 10.65 8.43 19.07 Nagaland 95.78 6.56 10.64 17.21 Sikkim 54.12 17.45 6.01 23.46 Tripura 133.44 13.55 14.83 28.38

8 8 State Share Status (Non High Focus States) Rs. in crore StateTotal B.E for year 2012-2013 Accumulated arrears in State share till 2011-2012 State Share for 2012-13 Total pending Share Andhra Pradesh 1,088.44 467.46 176.31 643.77 Goa 23.96 -0.09 7.99 7.90 Gujarat 715.69 150.02 238.56 388.59 Haryana 289.15 44.05 76.38 120.43 Karnataka 721.48 15.90 240.49 256.40 Kerala 379.23 153.13 118.18 271.31 Maharashtra 1,270.27 165.76 423.42 589.19 Punjab 318.91 66.75 106.30 173.06 Tamil Nadu 867.98 124.80 271.31 396.10 West Bengal 1,026.41 122.58 133.33 255.90

9 9 State Share Status (Small States/ UTs) Rs. in crore StateTotal B.E for year 2012- 2013 Accumulated arrear in State share till 2011-2012 State Share for 2012-13 Total pending Share Andaman & Nicobar Islands 22.60 -2.72 7.53 4.82 Chandigarh 14.59 1.32 4.86 6.18 Dadar & Nagar Haveli 7.54 1.53 2.51 4.05 Daman and Diu 5.97 -0.09 1.99 1.90 Delhi 169.95 40.91 56.65 97.56 Lakshadweep 3.52 -0.35 1.17 0.83 Puducherry 15.89 1.17 5.30 6.47

10 No /Low Releases (2012-13) 10 PoolStates / UTsReasons RCHHimachal Pradesh, J & K, Assam, Manipur, Nagaland, Tripura, Andhra Pradesh, Haryana, Maharashtra, Tamil Nadu, Kerala, Delhi. Due to shortfall in State Share and / or Pending Audited UCs of 2009-10 & 2010-11. For Jharkhand (Fund Position is pending since January -2012) For Assam, Manipur, Tripura, Delhi, Meghalaya UCs are pending from 2009-10 Mission Flexible Pool Chhattisgarh, Jammu & Kashmir, Madhya Pradesh, Jharkhand, Manipur, Meghalaya, Tripura, Tamil Nadu, Kerala.

11 Status of Director Finance at State Level 1.Defaulting States [Director Finance position is vacant] A & N Islands, Dadra & Nagar Haveli, Daman & Diu, Delhi, Himachal Pradesh, Lakshadweep, Meghalaya, Sikkim 8 2.States where Director Finance is in Additional Charge Chandigarh, Uttarakhand 2 The State should appoint the Director Finance immediately for improving the financial management system of the State. 11

12 Statutory Audit and Financial Management Issues 2010-11 ShortcomingsStates concernedNo. of states Adverse Audit Opinion Andhra Pradesh, Meghalaya2 States Weak Significant Internal Controls and Accounting Delhi, Chhattisgarh, Manipur, Arunachal Pradesh, Uttarakhand, Tripura, Jharkhand, Rajasthan, J & K, Assam, Goa, Arunachal, Manipur, Nagaland, Daman & Diu 15 (7 NE States, 5 High Focus and 3 Others) Significant variances in opening balances Madhya Pradesh, Haryana, Mizoram3 States Missing Audit Check List & Management Letter Kerala, Meghalaya, Sikkim, Gujarat, Assam & Punjab 6 States (3 NE States) 12

13 ShortcomingsStates concernedNo. of states Incomplete Consolidation (for NDCPs) Andhra Pradesh, Meghalaya, Chhattisgarh 3 States Heavy Unsettled Advances Punjab, Gujarat, West Bengal, Madhya Pradesh 4 States Pending Inter Unit Reconciliation Himachal Pradesh, Jharkhand2 States Reconciliation with FMR not submitted Nagaland, Bihar, Jharkhand, Uttarakhand, Manipur, Meghalaya, Sikkim, Gujarat, Mizoram, Kerala, West Bengal, Lakshadweep & Madhya Pradesh 13 States 13 The States to ensure to lay the Statutory Audit Report before the General Body Meeting for approval. Statutory Audit and Financial Management Issues 2010-11

14 Status of Statutory Audit for 2011-12 Statutory Audit Reports Received Himachal Pradesh, Manipur, Puducherry, Haryana, Uttarakhand and Maharashtra Pending ATR on Statutory Audit (2010-11) Jharkhand, Andaman & Nicobar, Assam, Punjab, Delhi, Gujarat, Maharashtra, Sikkim, Arunachal Pradesh, Kerala Due date for submission of Statutory Audit of 2011-12 was 31 st July, 2012. States/UTs are to furnish the Executive Summary on Concurrent Audit to the Ministry on quarterly basis. No. of States implemented No. of States not implemented Name of States Remarks 332Dadra, Nagar & Haveli, Lakshadweep Only Chandigarh, Delhi, Kerala, Karnataka & Haryana have submitted reports. Concurrent Audit Status of 2011-12

15 15 Status of FMR and SFP for the quarter ending 30 th June 2012 States which have reported Physical Progress in FMR (Good Reporting States) Goa, Manipur, Lakshadweep, Sikkim, J & K, Haryana Defaulting States / States submitting FMR after the due date (31 st July, 2012) Arunachal Pradesh, M.P., Mizoram, Karnataka, Bihar, Chhattisgarh, Daman & Diu, Delhi, Goa, Himachal Pradesh, Nagaland, Orissa, Tripura, Uttarakhand

16 CAUTION It may be noted that the Centre’s Unspent Balance which remained as Non lapsable so far is proposed to become a part of Central Pool and the Unspent Balance will be adjusted against the Grants in Aid of the Next Financial Year (from 2013-14 and onwards). 16

17 Ways to Improve the pace and quality of Funds Utilization HR :- Filling up of vacant Finance Positions in the State including Director-Finance on priority. Sensitization and Capacity Building : For Finance Personnel's at various levels as per the Training Calendar. Financial Integration : Ensure Integration of all Vertical Programmes under the NRHM at all levels. Implement the Model Hand Books and Operational Guidelines. 17

18 Ways to Improve the pace and quality of Funds Utilization Regular Review Meetings at State, District and Block levels, RKS levels. Identify the areas of low utilization and initiate a detailed work plan for timely action. Financial Monitoring of Advances especially under Procurements and Civil Construction. Ensure timely release of matching state share. Send the UC for the state’s expenditure in 2007-08 on the Family Planning. Track flow of funds using CPSMS and E-banking. 18

19 19 Central Plan Scheme Monitoring System (CPSMS) CPSMS is fund monitoring system introduced by Controller General of Accounts,Ministry of Finance and duly recommended by Planning Commission for all Ministries. The following are important features of CPSMS: Tracking of flow of funds to the lowest level of implementation. On line information of bank balances to facilitate “Just –In - time provision of funds to implementing agencies. Decision Support System for all levels of programme managers. Enhance transparency and accountability in public expenditure. Ensure its effective roll out.

20 20 Integration of Banking System NRHM Operational Guidelines requires transfer of funds through banking channels and funds are transferred to the approved bank accounts. Following states still have to submit the approved bank details. StatesRemarks JharkhandNo details received RajasthanIncomplete details AssamNo details received MizoramNo details received Andhra PradeshNo details received GujaratNo details received MaharashtraNo details received DelhiDetails not certified by bankers

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