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          Patna,(BiharTimes): The Comptroller and Auditor General report,   tabled in the Bihar Assembly on Tuesday, has once again exploded many myths   dexterously woven about the state finances in the last few years. The AC-DC   bills continue to haunt the Nitish Kumar government in Bihar with the report   pointing out that out of Rs 25331.05 crore drawn on Abstract Contingent bills   between the year 2002-03 and 2010-11, Detailed Contingent bills amounting to Rs   2755.68 crore only were submitted to the Accountant General,   Bihar. |  The report on   state finances for the period ended March 31, 2011, highlighted altogther   1034 cases of misappropriation, defalcation, theft and loss involving government   money amounting to Rs 409 crore. The rural development department is the biggest   culprit.The   report highlighted as to how the state government has repeatedly failed to   utilise the Budget.
 There are   many deparments, which did not spend a single paise, that is, there was hundred   per cent surrenders in many schemes in 2010-11. The PWD gave   contract to fake contractors for constructing roads. There is a large scale   bungling in the purchase of medicine and other equipment in the medical college   hospitals of the state, it said. The report   revealed that out of Rs 7015.37 crore drawn during 2010-11 on AC bills, Rs   2749.82 crore (39 per cent) was drawn in March 2011 alone. Of this, Rs 937.75   crore was drawn during the last four days, that is, 28 March 2011 to 31 March   2011. Yet there is loud claim of stopping March   loot. Stating   that advances from the contingency fund were to be given only for meeting   expenditure of an unforeseen and emergent nature, the CAG report said the state   legislature raised the corpus of the contingency fund from Rs 350 crore to Rs   1,500 crore on temporary basis for the current
 financial year for relief and   rehabilitation measures.
 
 According to report the state government,   however, succeeded in maintaining a revenue surplus during 2006-11.
 
 There   was also a significant increase in revenue surplus during the current year. The   growth of revenue receipts during the year was Rs 9005 crore (25 per cent) over   the previous year mainly due to increase in state’s own tax revenue/share of   Union taxes/duties and grants-in-aid from the government of   India.
 Meanwhile,   Leader of Opposition in the state Assembly, Abdul Bari Siddiqui, said that CAG   report is exposing the state government every year. AC-DC bills amount continues   to increase. “That is why we demand that CBI probe should be ordered on the   basis of CAG report,” he added.    comments... |  
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