OLM ODISHA LIVELIHOODS MISSION NAME OF THE CONCERN: ODISHA LIVELIHOODS MISSION, NRETP SUBJECT AUDITED FINANCIAL STATEMENT ALONG WITH AUDIT REPORT FOR THE FINANCIAL YEAR 2022-23 AUDITED BY PAMS & AS50CIA TES CHAR?TERED,4, CCOUNTANTS PLOT NO. 506, BEHIND BA YA BA BA MATH UNIT-9, RUBANES WAR-751022 PH NO: 0674-2543528 EMAIL ID: itpasgatm PAMS & ASSOCIATES CH4ARTERED ACCOUNTANITST-FS Plot No: - 506, Unit - IX, Bhoi Nagar, Behind Baya Baba Math, Bhubaneswar - 751 022 Telephone No : 0674- 2543528 EMAIL : jeetmishra36@gmail.com, itpams@gmail.com INDEPENDENT AUDITOR'S REPORT To The State Mission Director-cum-CEO Odisha Livelihoods Mission, Panchayati Raj Department, Government of Odisha, Bhubaneswar,Odisha Opinion We have audited the consolidated financial statements of NRETP of ODISHA LIVELIHOODS MISSION (OLM), DIST- as at March 31, 2023, which comprise the balance sheet, Income & Expenditure and Receipt & Payment Account for the year ended on that date. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAs) issued by ICAI. Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the entity in accordance with the ethical requirement that are relevant to our audit of financial statements in India issued by ICAI and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Responsibilities of Management and Those Charged with Governance for the Financial Statements Management is responsible for the preparation and presentation of these financial statements that give a true and fair view. This responsibility includes the design, implementation and maintenance of adequate accounting records for safeguarding of the assets of the Unit and for preventing and detecting fraud and other irregularities; selection and application of appropriate accounting policies; making adjustments and estimates that are reasonable and prudent and designed, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records relevant to the preparation and fair presentation of financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error. Aso (r BHUBANESWAR Offices at Cuftack, Puri, Joda and New Delhi \AC PAMS & ASSOCIATES CHARTERED ACCOUTNTTANTSTA Plot No: - 506, Unit - IX, Bhoi Nagar, Behind Baya Baba Math, Bhubaneswar -751022 , Telephone No : 0674- 2543528 EMAIL: jeetnishra36@gmail.com, itparns&-_mail.co- Auditor's Responsibilities for the Audit of the Financial Statements Our responsibility is to express an opinion on these financial statements based on our audit We conducted our audit in accordance with the Standards on Auditing issued by the Institute Of Chartered Accountants Of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement whether due to fraud or error. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessment, the auditor considers internal control and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion: In our opinion, as shown by books of Funds, and to the best of our information and according to the explanation given to us, we have obtained all the information and explanations which to the best of our knowledge and were necessary for the purpose of our audit; a) The Balance Sheet, read with the annexure thereon is a full and fair Balance Sheet, containing all the necessary particulars, is properly drawn up so as to exhibit a true and fair view of the state of affairs of the Unit as at 31 st March, 2023 is in conformity with accounting principles generally accepted in India; b) Income and Expenditure Account, for the period ended 31st March 2023 i1' conformity with accounting principles generally accepted in India; Ass BHUBANESWAR Offices at Cuttack, Puri, Joda and New DelhiA PAMS & ASSOCIATES CHIARTERED-1 ACcouNT4'ATS Plot No: - 506, Unit - IX, Bhoi Nagar, Behind Baya Baba Math, Bhubaneswar - 751022 Telephone No: 0674- 2543528 EMAIL: jeetmishra36@gmail.com, ijparskgMail.corn Report on Other Regulatory Requirements: a) We have obtained all the information and explanations, which to the best of our knowledge and belief, were necessary for the purposes of the audit and have found them to be satisfactory. b) In our opinion, proper books of accounts, as required by law have been maintained by the Unit as far as appears from our examination of these books. c)The financial statements dealt with by this report are in agreement with the books of account. d) The transactions of the Unit, which have come to our notice, have been within the powers of the Unit. e) In our opinion, the aforesaid financial statements comply in material aspects with the applicable accounting standards issued by The Institute of Chartered Accountants of India. Place: Bhubaneswar * SHUBANEMWAR Date :08/12/2023 0 FOR PAMS & ASSOCIATES CHARTERED ACCOUNTANTS F.R. No.: 316079E CA.SATYAT 'hSHRA, FCA PARTNER M -0 572 3 Offices at Cuttack, Puri, Joda and New Delhi ODISHA LIVELIHOODS MISSION NRETP SIRD Campus, Unit-8,Bhubaneswar Balance Sheet as on 31st March 2023 Opening Capital Fund 29,80,15,771.85 Add:Income recongnized to the extent expenditure incurred 4,15,56,493.00 Less: Fund refund to GOI (Interest) 1,06,06,316.00 32,89,65,948.85 Current Liabilities & Provisions: Total 32,89,65,948.85 Fixed Assets Closing Balance 32,89,65,948.85 SMMU Balance: SMMU BANK ACCOUNT 29,84,08,401.85 SMMU Advance 3,00,74,545.00 DMMU Advance 4,75,364.00 BMMU Advance 7,638.00 Total 32,89,65988 p e Prc Deputy CEO (Finance)-cum-Under Secretary (Casht&tAve n an ce ManaEmno Odisha Livelihoods Mission (Cash & Advance) M U. . . ki.M.U.L Department of Mission Shakti SDM . Mi.OLM Depa rn.ent of Mi Govt. of Odisha Deparmant of Mission Sof hi FOR PAMS & ASSOCIATES ,0-"ernm%, nt of OdistPISIs! . CHARTERED ACCOUNTANTS F.R. No.: 316079E Date:-08/12/2023 B N Place:-Bhubanes C CA.SATYAJ!1-M rHRA, FCA PARTNER A CM.NO-057293 ODISHA LIVELIHOODS MISSION NRETP SIRD Campus, Unit-8,Bhubaneswar Receipt and Payment From 01.04.2022 to 31.03.2023 0pening Balance 29,80,15,771.85 ---- AN----O .27,22,62,339.85 smm TA-DvANCE 2,52,70,430.00 DMMU dvance 4,75,364.00 BMMU Advance - Wceived57,91,58,33O0 Grant Received fromUGol 34,74,95,000.40 Grant Received from GoO- - - ' -- 23,16,63,333.60 Bank Interest (NRETP) 87,97.010.00 Misc. In 3,20,000.00 GRANDYTOTAL U 9,158 PayentAmoiut(Rs A _nstittiona arid,'~i ~ Hua ap;tBuldo A.1 T al Aitance A.1.1 Multi-state Trainings, Consultations, Workshops etc and other Demand driven TA A1.2 National Resource Organization A1 .3 Convergence / Mission Antodaya A1.4 Skills A.2 Technical Astance A2.l NMMU staff trainings, consultations and other demand driven programs A2.2 At other than NMMU ---- _ A2.3 Support to Antodaya Mission A2.4 At Partnership institutions B -state Livelihood SUPPort 53,50,84,851-00 B.1 State Rural Livelihoods Mission 92,87, B 1.1 tate & Disrit Mission Management Unit 9,7550 B 11.1 staff Salary00 38,35,754.00 B 11 2 Staff Travel & Related Cost B 1-13 Office set-up (Lease, Refurbishment, furniture, etc.) B 11 4 Office Equipment (Desktop Computers, Tablets, CUG, Mobiles etc.) B 1.1 5 Other Operating Costs Prje fx fve Po~' (C sh &AdVance) (Finance Managemenbuty CEO (Riance)-cum-Under Se S.DM.M. .,o . S k. MIM,- M. U; O. L. MI'i Odisha Livelihoods Mission Deparm ent of Mission Shaktbeparmont of M n Schi & artment of Mission Shakti Cc Government of Odisha i3overnmernit of 0 Oih Govt. of Odisha 12 - 4-- Othe OprainCs B .5 Spor o salihenPfTriinyetrsmende reoucntntesetRs)000 B 13.1 Capacity Building Supports Tain.ings, -Coutations, wrikho-ps and Exposure-vist costs (of State/vDist level 16,63,97 00i staff Commnity Spear Teams and SRPs) B. 1. 2.2 District Centers, Community Learning Academies, CPL TCs, etc. B. 1. 2.3 Consultants, Resource Persons, etc. 5,23,876.00 B.2 Institutional Building and Capacity Bujilding 32,00,36,342.00 B.2.1 Block Nianagement Unit Costs 5,03,22,670,00 B.2 1. 1 Start up, including furniture, equipment etc. B.2.4.2 Staff Salary (BPMIBM BC/ YP,etc.) 4,98,39,852.00 B21.3 Staff Travel & Related Cost 600.00 8.2.4.4 Other Operating Cost 4,82,218.00 B215 Staff/ Resource person Training/Consultant B,2.2 Community institution support for Model CLF 77.18,448,00 B 2. 24 CLF ancd buid ing ad Mitra) 12,55,4 000 B 2.2.5 uttfton of Tr aini cetrs, Gnder Mr c 2,50,000.00 .23 Financial Ilusion niativs,6,00000 B. 2.3 17 Capacity Building for BC Agents B.2.3.2 Criiaino Caet B. 2.3. 3- Awareness camps for digital financial inclusion B.2.4 Awareness ca pson ofital transaction at market oc7ations B.2.3.5 Awareness camps for insurance and social security 2,40,00,000.00 B.2.36 TSAfor F 20o00n000.00 B.24 Farm Livelihoods nitiatives B.2.541 Value chain interventions 10,37,39,110.00 B2.4.2 Organic Farming 9,19,02,802.00 B2.4.3 TSA for Livelihoods 2 81,19,3700 B.2.4.4 Training for block and cluster staff 64,43 1.00U B24.5 Capacity building of CRPs (Udyog Mitra) 1,55,404.00 B 32.46 Certification of Value Chain CRPs (Krishi Udyog Mitra) 20,00,000.00 B.-2.4.7 Honarariumn to Value Chain CRPs (Krishi Udyog Mitra) 7,03,500. 00- B.2.4F8 Training to PGs 4,68,000.00 B.2.4.9 Business Plan preparation of PGs 34,374.001 BC2h.iCpacity Buil-ding initiatives(non-farm} B2.5.1 CRP-EP (Hon.) B2.5.2 Skill training- Enterprise-B B2.5.3 CRP Training -Enterprise- B B2.5.4 Development of e-commerce platform B2.55 Exposure visit to other states for best practises 1,79 ,576.00 B256 TSA for Non Far Livelihoods 86,28,700.U00 B.community invlestment Support 20,57,60,984.00 Revolving Fnd ad CIF Grants to VOICLF8,0,000.00 B. 3. 1. 1 Revolving F--und Grants VO7CL- 3,20,000.00 B.3 1.2 CIF Grants to VO/CLF 5,sracetoVo 8.3 I, , . 5, 10, 000 , 00~ B -3.2.1 M--4odel CLF s(Stat-up C(osts-inclu-ding-!T Infrastructu-re,Eq-upments, Ta-blets,-etc.) -- 2,98,66,746.00 B3.2.22 Producer Groups B 3.2.3 Producer Enterprises 28,00,000.00 B, 3.3 Vuneaility Rcductlonl (to VOS! CLFs) , 71,00,000.00 Bd.3.3.1 Vunerabhility educt r onfor-in-surance to-CL.s- 7,0,000.00 B. 3.3.2 Vulnerability Reduction for Insurance to Vos 4 Sh t to PGI PO (Working Capital) 12,16,000 B.3r4n1 P f Misoducer Gronups 12 16,000 00 B,3.4.2 Producer Enterprises L B.-3.5-- ----Comun-itinity E-nter-priseDFuadmfor ofrisseion,2o1800 B3.5.1 Oe S;top-Facility Center 3,02,88,940 .00 h&Pr P: rif ecutive (F"inanice Mhanam. (CaSh & A vance) 8. . M, MK., 0B.HUBANESWAR S.M.M.U.-,0.LMk Depam n of"UeonS Deparmant of Mission She kfi Govemmn-ent oG dl Government 1f Odisha idputy CEO (Finance)-cum-Under SA Odisha Livelihoods MissionA Department of Mission Shakt; Payment AmutFs E3.5.2 Growth Nano- Entrprises - ut(s) 3 53 Cluster Development 6,36,59,298.00 83. Supportto BC Sakhi 8.4 Special Programs B.5 Dedicated Funds (Retro active financing) C Innovation and Partnership Support '634000 CA Innovation Forums and Action Pilots C. 1.1 Innovation Forums oncl. SE network event, Technical Support Agency and Innovation Forums) .2 Micro Enterprise Growth Challenge Fund: Support in graduation of existing - individual micro-enterprises, Action Pilots Ci2 Social Enterpreneurship Development C. 2.1 Knowledge Platform on Social Entrepreneurship in Livelihoods 0.2.2 Investment Support for Social Entrepreneurs C.3 Public Private Community Partnerships 03 Partnership with Venture Capital Fund! Crowd funding Platforms/Service _____ Pro visioning__________________ a 3.2 Marketing of organic food products including retailing C 3.3 Innovative / Pilot projects in Rural Skilfing C 3.4 Viability gap funding to other than Model CLFs C. 3.5 Viability gap funding to Model CLFs C.4 Promotion of Integrated Livelihoods Clusters1 4 . 4.3 Promotion of Integrated Livelihoods Clusters 000.00 Droj3ct implementation SUpport D.1 National Mission Management Unit I Staff at NNMU (includes 20 additional HR Costs and travel and related costs of 30 of Staff costs) L2 Office set up (Lease, refurbishment etc, fumniture fixture) 13 OffIce Equipment (Desktop computer tablets CUG, Mobie 1.4 Other Operating Costs 15 Projecr implementation support and supervision D.2 Monitoring & Evaluation and Studies 2 2 1 Baseline Surveys NRETP-Procurement of Services f 2 2 Process Monitoring NRETP-Procurement o Services 2 .3 Community Monitoring and Studies D.3 Electronic National Rural Livelihoods ission LSystem (.NRLM) 23 1 Implementing Partners - Consultancy fee etc. D4 Governance and Accountability Framew 14u es 2 .1ute SM HaFrievane andlatinrasclosture,ec 24.2 Community led GA Initiatives including their Capacity Building raiings D.5 Knowledge management & communication 5.1 Agency Consultancy Fee 52 Printing newspaper advert and Others - - - -- 253 Communication & Documentation dTHER PAYMENT - 1,06,06,316.00 Interest Refund 10,6360 k elwid1,06,06,316.00 SMMU BANK ACCOUNT 29,84,08,401.85 SMMU ADVANCE 3,00,74,545.00 DMMU Advance 4,75,364.00 BMMU Advance 7,638.00 Date:-08/12/2023 A2 * Place:-Bhu s arH Project ExeMtav eme (Cash & Advance) Du t ri CEO (Finance)-cum-Under Sec 3. M. M U O L M . M . . ,disha Livelihoods Mission Ppifflt of Mission Sha bepartment of Mission Shaktil A .Vernment Of Odi ha . Govt. of Odisha ODISHA LIVELODISHA LIVELIHOODS MISSION NRETP SIRD Campus, Unit-8,Bhubaneswar Consolidated Income and Expenditure From 01.04.2022 to 31.03.2023 G an e evemd Grant Received from GoO 34,74,95,000.40 Go 23,16,63,333.60 sa rte ve o der up 15ents Grant received under food Services enterprises cluster Bank Interest (NRETP)_________79,000 ý EOL Interest 3,20,000.00 B.I ötdte Rusral LivekhJoods Mission 92,871,521.111 B.1.1 State & District Missinn Mngem U-- 7 å1 t-aff Sa-Iary 38,35,754.00 1.1.2 Staff Travel & Related Cost 11.3 Office set-up (Lease, Refurbishment, fumiture,¯etc.) 1.1.4 Office Equipment (Desktop Computers, Tablets, CUG, Mobiles etc.) 3 1.1.5 Other Operating Costs32,63,918.00 B..2 Ca.pacity BuJlding support 3 3980 1-2 1 Trainings, Consultations, workshops and Exposure visit costs (of¯state ist level staff, Commnity Spear Teams and SRPs) 1.2.2 District Centers, Community Leaming Academies, CPLTCs, etc 123 Consultants, Resource Persons, etc -3- B.2 Institutional Building and Capacity Building 32,00,3342.001 B.23 i IBlock ManagemeýttUnitICostsl- 532,04.00 5 2. 11 Start up, inciuding fur-iture, equipment etc. 2 1.2 Staff Salary (BPM/BM/BC/ YP,etc.) 72 1 3 Staff Travel & Related Cost 72 1.4 Other Operating Cost 600.00 -!2 1.5 Staff / Resource person Training/Consultant B-.2 2 Comm nI]ity inistituio,n sujýport frMdlCLF 7,848C 2 2 4 CLFandtheir cadre Trainng ano CapacSty Building 12 2366 .2 2.5 |Support to Establshrent of Tramning centres, Gender resource centres etc 2,50, OWf 2 3 nancial Incl s ion In itiati ves -- - - i/ ' 2,60,00000 3 2.3.1 Capacity Building for BC Agents - -l--ý 3 232 Certification of BC agents- 3 2 3.3 Awareness camps for digital financial inclusion 3.2.3.4 Awareness camps on digital transaction at market locations 3.2.3.5 Awareness camps for insurance and social security 3.2.3.6 TSA for Fl 2 40 5 Prject Ex utive (Cash & Ad ance) Pr ä an SVM.M.UK .Lm M (Finnce Mana iemct) fleparment of Mission Shakti 7.M M. C M DACC Covernment of OdJiSha Deperment of iss on :h v Deputy CEO (Fi noe)-cum-Under Secretary Odisha Livelihoods Mission Department of Mission Shakti Govt. of Odisha Revolvingmoun Fud rnt O/ Et!r -ipäh-o~ - 22,71,6948f0 B.2 2 Frant t C7,39,110.00 B 2.4.3 TSA for Livelliods -9,19,02,802.00¯ B. 2.4.4 Training for block and cluster staff - .2,81,19,327.00 B 2.4.5 Capacity building of CRPDs (Udyog Mitra) -64,431.00 B 2 46 Certification of Value Chain CRPs (Krishi Uog Mitra) 1,55,404.00 B 2 .47 Honararumto Value Chain CRPs (Krishi Udyog Mitra) 20,00,000.00 4.8 Training to PGSs 7,03,500.00 B2.2 VBusne Pan PreParation of P s 4,68,000 Capin nji iesno)arn -- -- - - -4340 - -- -- _ 88,08,276.00 B 2 Skill training- Enterprise- 53 CRP r ainig -Enterpnse- B,-9 - 2 5 4 Development of e-commerce platform 2 5 DExposre vis tter states for best pis 2 6 TS foron FU an LIVellhoodS- 1,79,576.00 113 CoMmunity nvestmnt Sup ork --h BS.28g700n00 -- --- -- 20,57,60,840 61 RMicrO-ner-uise.Gr)wh ChGallnge ! VLFd Spot,ngrdut4nofexstn Revolving Fund Grants vctio P- --t, 20¯00 00 2 SCIFal ntsrrnui DtoelOpmeF 2. 1 nodePlstart-up on nerasruin Lqiet3,2d6,ond746.00 22 Prouce G.wroups - 2,es ec)Z98, 66,746.00' 2 3ndertEnterprses .fi13.3 ~2 8,¯ 0 0, O0103 Vulnerability Reductin for VOnsraceoFs 7,0,000 Vulneng Ca1 itra ce - - - ---- J Produ r Gro 12 , 0ti0. 00 1 - 712, 7JO6,000. 00 1~ Omn So Faci'Cnt -cmm:i ------9 9,4,23 0 2fGrowthCNano- Enterprises(3n02,88,940r00 Deparrt Developmentk- 1l2_MicroEnterprisrowthChalenge Fund :Supportingraduanov. o individa nicoIEn_epnse_sAcinPot 25 3 lscil Entepenuti eeomn 2 26 nstet8Sppot frScilEtrpeeus¯- 3-5~~ ~ ~ anagedFnd rIr civ ianig rmn ofvMiionn PatshkpSuporrnt o iso Deputyio CEF(iane-cmUnemScetr treOdesharLhvelihoodseMission Departmentt oMisnShk o 5,19,lrirGovt. of OdishaVý A Public Private Community Partnerships Partnership with Venture Capital Fund/C rowd funding Platforms/Service -Provisioning Marketing of organic food products including retailing Innovative / Pilot projects in Rural Skilling Viability gap funding to other than Model CLFs Viability gap funding to Model CLFs Promotion of Integrated Livelihoods Clusters 1, 16,34 000 00 Promotion of Integrated Livelihoods Clusters ----3,000 1 16 34 00 00 Projec-t insuppo.t National Mission Management Unit Staff at NNMU (Includes 20 additional HR Costs. and travel nd related costs of 30 of Staff costs) Office set up (Lease, refurbishment etc, fumiture fixture) Office Equipment (Desktop computer tablets CUG, Mobile) ---- Other Operating Costs Project implementation support and supervision on itoring & Evaluation and Studies.- Baseline Surveys NRETP-Procurement of Services Process Monitoring NRETP-Procurement of Services Community Monitofing and Studies Electronic National Rural Livelihoods Missionystem {e-ftrre-NRLM) Implementing Par-ers - Consultancy fee etc. Computer Hardware and related infrastructure Governance and Accountability Framework- SMF, EMF, Gnevance Handling, RTI, Disclosure, etc. Community led GAC Initiatives including their Capacity Buiing tranngs Knowledge management & communication Agency Consultancy Fee Printing, newspaper advert and Others Communication & Documentation Other Payment ----_-_- Expenditure at Distri AGEY Expenses 4-8- ;/12/2023 iubaneswar BHU8kNESM gflt) (,Finance Managemet) Depty CEO (Finance)-cuir-Under Secretary K - 1. M. U., O. L lM Odisha Livelihoods Mission met Deparment of Missioin Shkt Department of Mission Shakti rnment of -0 a Government of Odish Govt. of Odisha