The Comptroller and Auditor General (CAG) has directed the state finance department to provide access toCentral Financial Management System(CFMS) managed by thestate treasury department.
The CFMS will provide real-time data ofrevenuereceipts and expenditure.
The CAG also sought information about 200 subjects from the state government. Sources said that it sent a detailed note and a format in which the finance department should submit details of budgetary allocations and spending by each department.
The CAG in its previous report had made comments against delay in submission of financial statements by the PSUs. Opposition parties had lodged several complaints with the CAG and the Union finance ministry raising doubts about the state government securing loans by giving guarantees to the PSUs. Interestingly, the state government is disclosing debts taken by it and withholding the information about the debts taken through the PSUs.