Para 11.5.3 — CAM

11.5.3 The PAC (10th Lok Sabha, 1990-91) in its 60th Report vide paras 1.22and 1.24 had observed that savings of ₹100.00 crores or above are indicative of defective budgeting as well as shortfall in performance in a Grant or Appropriation. It has therefore been decided by the PAC, that each year a detailed Explanatory

Note in respect of savings of ₹100 crores or above shall be furnished by the respective Ministry/Department, to the Committee.

Note: Explanatory

Note for savings of ₹100.00 crores or more and for all excess expenditure may be submitted to audit for vetting, with a copy to the CGA by the concerned Ministries/Departments. It should be submitted along with the Head wise Appropriation Accounts (of this Stage).