Goa lax about finance panel reports, central grants at risk: CAG
Goa needs to make concerted efforts to secure grants recommended by the finance commission, said the Comptroller and Auditor General (CAG) of India in its latest report. The CAG pointed out that the grants significantly augment the state's resources, but the state risks losing access to the crucial funds due to its failure to comply with constitutional provisions.
The 15th finance commission in its main report of 2021-26 had urged all states to constitute a finance commission, act upon its recommendations, and table the action-taken report in the legislature before March 2024.
The CAG observed that the 3rd state finance commission for Goa was formed in Dec 2016 after a delay of more than six years, and the three-member commission chaired by a retired IAS officer, Daulat Hawaldar, submitted its report in June 2024, well past the deadline.
'State govts may consider the recommendations given by the state finance commissions at the earliest, so that the accepted ones can be implemented promptly,' said the CAG in its report for the year ending March 2024.
The CAG pointed out that no grants would be released to a state that has not complied with the constitutional provisions in respect of state finance commissions.
The CAG's audit found that Goa has consistently failed to adhere to the finance commission recommendations, as state govt constituted only three state finance commissions between 1999 and 2022, instead of the six due under constitutional provisions.
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Reports of the 1st and 2nd state finance commissions, along with the action-taken reports, remain pending for submission to the assembly as of Dec 2024. A committee set up in 2010 to examine the 2nd state finance commission's recommendations failed to submit its report for over 14 years, effectively rendering the work of both commissions infructuous.
The 3rd state finance commission, headed by Hawaldar, gave seven financial and twelve non-financial recommendations. In its recommendation, it continued the existing devolution of 10% of Goa's own tax revenue.
Further, the commission recommended an additional budget provision of Rs 50 crore per year with an annual increase of 10% every year in the 2024-28 period as compensation for revenue loss caused by the implementation of GST.
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