http://irastimes.yuku.com/topic/1276/t/Audit-para-on-Surrender-of-funds-sanctioned-works.html en-us Copyright 2006, Yuku feeds@yuku.com (FeedMaster) webmaster@yuku.com (WebMaster) Fri, 06 Mar 2009 01:15:23 GMT Wed, 13 May 2009 08:26:04 GMT Yuku Feeds 1.0 http://blogs.law.harvard.edu/tech/rss 60 http://static.yuku.com//feed/bypass/images/button-yuku.png http://irastimes.yuku.com/topic/1276/t/Audit-para-on-Surrender-of-funds-sanctioned-works.html Yuku - free hosted forums and profiles 88 31 {pics-1.1 "http://www.icra.org/ratingsv02.html" l gen true for "http://yuku.com" r (nz 1 vz 1 lz 1 oz 1 cz 1 ) "http://www.rsac.org/ratingsv01.html" l gen true for "http://yuku.com" r (n 0 s 0 v 0 l 0 )) Search Domain q http://yuku.com/search/direct/ http://irastimes.yuku.com/reply/6581/t/Audit-para-on-Surrender-of-funds-sanctioned-works.html#reply-6581 Govt systems work on checks and balances. Particularly, The Common Wealth Countries follow system of "you do it" and "many will check you". The audit has given a pointer. Now, it is for "collective wisdom" to decide if the system is going wrong or the "pointer" was useless. So, follow the routine as usual...without emotions.
All the best! ]]> feeds@yuku.com (Vikas) http://irastimes.yuku.com/sreply/6581 Wed, 13 May 2009 08:26:04 GMT http://irastimes.yuku.com/reply/6554/t/Audit-para-on-Surrender-of-funds-sanctioned-works.html#reply-6554 feeds@yuku.com (subbu98) http://irastimes.yuku.com/sreply/6554 Sat, 07 Mar 2009 01:30:01 GMT http://irastimes.yuku.com/reply/6553/t/Audit-para-on-Surrender-of-funds-sanctioned-works.html#reply-6553 Audit should ask as many questions as they like-wild questions, wrong questions, exasperating questions, blunt questions, probing questions etc etc. If what we are doing is right, we would be able to answer all their questions.

APM ]]> feeds@yuku.com (malikapm) http://irastimes.yuku.com/sreply/6553 Fri, 06 Mar 2009 23:07:18 GMT http://irastimes.yuku.com/reply/6552/t/Audit-para-on-Surrender-of-funds-sanctioned-works.html#reply-6552
What is important is to note that the executive departments have no say in the amount of funds alotted for sanctioned works, nor do they decided the purchase procedures or works contract procedures (except for some role of civil engineers)

Further, surrender of funds asked for is not causing any loss of public money.

Then why waste number of papers by raising this Audit objection? ]]> feeds@yuku.com (pankajp) http://irastimes.yuku.com/sreply/6552 Fri, 06 Mar 2009 22:40:37 GMT http://irastimes.yuku.com/reply/6551/t/Audit-para-on-Surrender-of-funds-sanctioned-works.html#reply-6551
1. We have a CAG who is a Constitutional Authority. It is his job to audit on behalf of the Republic of India on matters pertaining to public money.

2. Prima facie surrendering of sanctioned money not in the event of a decision to do away of the work could mean either the sanction was more or the execution was inefficient.

3. Either of... ]]> feeds@yuku.com (subbu98) http://irastimes.yuku.com/sreply/6551 Fri, 06 Mar 2009 21:18:27 GMT http://irastimes.yuku.com/topic/1276/t/Audit-para-on-Surrender-of-funds-sanctioned-works.html
In the opinion of Audit, surrender of funds reflect poorly on the functioning of different departments. 70% of the funds allotted in respect to works in progress were surrendered at the end of financial year due to non-completion of sanctioned works.

Finance has duly forwarded the Audit report to different HODs for their comments.

Now, if... ]]> feeds@yuku.com (pankajp) http://irastimes.yuku.com/topic/1276 Fri, 06 Mar 2009 01:15:23 GMT