CAG report accused of not submitting utility certificates worth Rs 70,877 crore into the CAG report

The Bihar government has recently suffered a lot of rebuke in the latest report by the Controller and Auditor General (CAG). The CAG report says that the state government so far fails to submit a utility certificate (UC) of Rs 70,877,61 crore. This amount is exempt from the central government or other sources for different government schemes and projects, but timely evidence of the correct use of this amount has not been offered. What is UC and why is it necessary? Utility Certification (UC) is the document through which the department concerned proves that the money he received was used correctly. If UC is not found, governments are hampered to get further financial aid. In addition, it also plays an important role in ensuring financial accountability and transparency. The most important point of the CAG report received by the Bihar government of rupees for many important schemes and development projects, but of this UC worth Rs 70,877,61 crore has not yet been deposited. This amount indicates that the state government violates the rules of the financial government, which can cause problems with the release of its next installment to the central government. If you do not deposit UC, it also increases the possibility of abuse of money or irregularity. This report of the CAG’s impact on the government and the possible step is a serious challenge for the Bihar government. In financial accountability, this type of decay can affect the image of the government among the public. Experts believe that the government will have to take corrective action in this matter immediately and strengthen the mechanism of submission of the utility certificate in time. There is currently no official response to this government report. But it is believed that in the light of the report the Department of Finance and the relevant departments will be warned and special instructions will be issued to present the UC. Share this story -tags