Para 3.23.17 — MSO (Audit)
Original Rule Text
3.23.17 Except in respect of certain some Non-Plan schemes, the assistance is released in advance by the Government of India based on the claims submitted forward by the State or Union Territory Government concerned, subject to its final adjustment in due course based on the actual expenditure. According to the procedure prescribed by the Ministry of Finance for finalising the assistance relating to Plan Schemes, the final claims are to be preferred, in the prescribed proforma, by the State and Union Territory Governments on the basis of audited figures of expenditure.
What This Means
For most Plan schemes, the Central Government releases assistance in advance based on claims submitted by state or UT governments, with final adjustment done later based on actual expenditure. The final claims must be submitted in a prescribed format using audited expenditure figures, as required by the Ministry of Finance's procedures for finalising Plan scheme assistance.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Central assistance for Plan schemes is generally released in advance
- 2Advance release is based on claims submitted by state/UT governments
- 3Final adjustment is done based on actual audited expenditure
- 4Final claims must be in the prescribed proforma format
- 5The procedure is prescribed by the Ministry of Finance
Practical Example
A state government claims Rs 100 crore in advance for a rural electrification scheme at the start of the year. By year-end, actual audited expenditure is only Rs 80 crore. The state submits its final claim in the prescribed proforma showing the audited figure, and the Centre adjusts the Rs 20 crore excess advance against future releases or recovers it.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What happens if a state does not submit audited figures on time?▼
Are there schemes where advance release does not apply?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.