India News | Nothing Amiss with Payments Position, Says AP Government
Get latest articles and stories on India at LatestLY. : The Andhra Pradesh government on Friday claimed that nothing was amiss with its payments position and maintained that everything was happening as per the book.
Amaravati, July 9 (PTI): The Andhra Pradesh government on Friday claimed that nothing was amiss with its payments position and maintained that everything was happening as per the book.
In a release, Principal Finance Secretary Shamsher Singh Rawat refuted the allegations made by Public Accounts Committee Chairman Payyavula Keshav that large sums in excess of a staggering Rs 41,000 crore remained unaccounted for.
Keshav on Thursday met Governor Biswabhusan Harichandan and requested afull-fledged audit of the state Finance department be ordered as large sums in excess of a staggering Rs 41,000 crore remained unaccounted for in the last two financial years.
"Large sums of money, to the extent of Rs 41,043 crore, have not been accounted for as per the codal provisions.
It appears that the said amount is being transferred or withdrawn in gross violation of Andhra Pradesh Treasury Code," Keshav told the Governor.
Referring to the Principal Accountant General's letter to him related to the discrepancies in payments, Rawat said the issues raised by the auditor have "arisen due to operation of adjustment transactions".
"Funds released to the Personal Deposit accounts which could not be utilized by the end of the financial year lapsed as per the Andhra Pradesh Financial Code.
The adjustments (are) made among the PD accounts. Failed payments are also reprocessed," Rawat said.
Other reasons for the discrepancies, as reported by the PAG, were rectification of the accounting unit of expenditure within the same Head of Account and adjustment of TDS recovered from the regular bills to the GSTIN, the Principal Finance Secretary added.
He also claimed that all transactions were carried out in accordance with the procedure and provisions of the Andhra Pradesh Treasury and Financial Code.
"This is being informed to the Principal Accountant General," Rawat said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)