The muchneeded monitoring

03/08/2020

The dilly-dallying approach on the part of the Concurrent Audit Teams is notwithstanding the fact that several languishing projects in different sectors have failed to meet the time-lines for their completion mainly for want of supervision and constant monitoring. The necessity of getting the physical and financial audit of the languishing projects conducted through the Concurrent Audit Teams was felt during the 4th and 5th Board of Directors meetings of the Jammu and Kashmir Infrastructure Development Finance Corporation Limited held in the months of June and August last year.The much-needed monitoring of thousands of languishing projects across the Union Territory of Jammu and Kashmir has remained on the papers only because district-wise Concurrent Audit Teams have yet not started submitting monthly reports although explicit directions in this regard were issued over 10 months back. Accordingly, Government constituted a Concurrent Audit Team is each district under the overall control and supervision of the District Development Commissioners (DDCs).
The teams headed by Additional District Develop-ment Commissioner and comprised of one Assistant Engineer each from Public Works Department, Public Health Engineering Department and Power Development Department, Accounts Officer of Audit and Inspection, Assistant Director of Economics and Statistics Department, one JE each from the PWD, PHE and PDD and Chartered Accountants were given the mandate of conducting physical and financial audit of all the projects being implemented under "Languishing Scheme" and funded by the Jammu and Kashmir Infrastructure Development Finance Corporation Ltd within the respective districts.
In order to ensure that there is no slackness in performing the assigned duties, each and every district-level team was asked to furnish monthly audit report of projects being implemented in their respective districts through the District Development Commissioner to the Chairman of the Jammu and Kashmir Infrastructure Development Finance Corporation Limited. However, despite lapse of over 10 months the Concurrent Audit Teams have not started the process of submitting the monthly reports to the Jammu and Kashmir Infrastructure Development Finance Corporation. Not only the Concurrent Audit Teams have given lame excuses for not accomplishing the task assigned to them even the concerned officers of the Finance Department have accepted the same instead of asking the special teams to explain the reasons behind the dilly-dallying approach.

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