CONTENTS
Preface V
Overview vii-xii
Chapter - 1Overview of Government Companies and Statutory Corporations
Introduction
Audit Mandate
Investment in State PSUs
Budgetary outgo, grants/subsidies, guarantees and loans
Reconciliation with Finance Accounts
Performance of PSUs
Arrears in fmalisation of accounts of PSUs
Non-working PSUs
Comments on Accounts and Internal Audit
Recoveries at the instance of Audit
Status of placement of Separate Audit Reports
Disinvestment, Privatisation and Restructuring of PSUs
Reforms in Power Sector
Chapter - II
Performance audits relating to Government Companies
Gujarat Energy Transmission Corporation Limited
Performance Audit of Power Transmission Utilities
Executive Summary
Introduction
Scope and Methodology of Audit
Audit objectives
Audit criteria
Brief description of transmission process
Audit Findings
Planning and Development
Project management of transmission system
Performance of transmission system
Grid management
Energy Accounting and Audit
Financial management
Material management
Monitoring and Control
Particulars
Acknowledgement
Conclusion
Recommendations
Gujarat State Land Development Corporation Limited
Soil and Water Conservation Activities
Executive Summary
Introduction
Organisational set-up
Soil and water conservation activities under eleventh five-year plan
Scope of Audit
Audit objectives
Audit criteria
Audit methodology
Audit findings
Implementation of schemes
Watershed based State Plan schemes
Scattered area based State Plan scheme
Watershed based Government of India schemes - Macro Management Agriculture
Project based Government of India schemes - Rashtriya Krishi Vikas Yojana
Recovery of scheme funds
Evaluation of schemes
Acknowledgement
Conclusion
Recommendations
Chapter - III
Transaction Audit Observations
Government Companies
Gujarat Mineral Development Corporation Limited
Avoidable expenditure
Sardar Sarovar Narmada Nigam Limited
Extra cost due to non award of work to an eligible bidder
Gujarat State Petronet Limited
Undue benefit to a firm
Gujarat Urban Development Company Limited
Undue benefit to contractors
Gujarat Foundation for Mental Health and Allied Sciences
Loss of interest due to non adherence to Government instructions
Dahej SEZ Limited
Undue benefit to an allottee
Gujarat Urja Vikas Nigam Limited
Short recovery of penalty
Statutory Corporations
Gujarat State Road Transport Corporation
Loss of revenue
Non disposal of scrapped and unused buses
Gujarat Industrial Development Corporation
Excess payment due to non adherence to contract stipulation
General
Follow-up action on Audit Reports