Uttarakhand: CAG questions over Rs 4990 crore "unreconciled" amount
The CAG has asked the state government to ensure reconciliation of accounts by the defaulting departments at the earliest to eliminate "possibilities of fraud and misuse of funds".

In its latest report on Uttarakhand's finances submitted in the state assembly during a special two-day session earlier this month, the CAG said it was a "gross contravention" of Uttarakhand Budget Manual 2012 which stipulates monthly reconciliation of expenditures by departments.
The CAG has asked the state government to ensure reconciliation of accounts by the defaulting departments at the earliest to eliminate "possibilities of fraud and misuse of funds".
The auditor has named 10 departments where the figures related to the amount allocated and spent did not match.
Among those who have not reconciled their accounts against budgetary allocations include the Estate Department, Social Welfare Department, Relief and Revenue, as well as the Housing and Urban Development department.
When contacted state finance minister Prakash Pant said all anomalies pointed out by the CAG will be discussed by the public accounts committee and proper action will be taken against responsible officials.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.