Report on the Project financial Statements We have audited the accompanving financial statements of the Maharashira Agriculture Competitiveness Project. (financed under World Bank Credit No. 4809-IN)t which comprise the Statement of Source and Applications of Funds and the Reconciliation of Claims to Total Applications of Funds for the year ended 3 1" March 2018. These statements are the responsibility of the Project's management. Our responsibility is to express an opinion on the accompanying financial statements based on our audit. We conducted our audit in accordance with the Auditing Standards promulgated by the Comptroller and Auditor General of India. Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. Our audit examines, on a test basis. evidence supporting the amounts, and disclosures in the financial statements. It also includes assessing the accounting principles used and significant estimates rnade by management, as well as evaluating the overall statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements present fairly, in all material respects, the Sources and Applications of Funds of Maharashtra Agriculture Competitiveness Project, Credit No. 4809 -IN for the year ended 3 1 March, 2018, in accordance with Government of India Accounting Standards. In addition, in. our opinion, (a) with respect to SOEs, adequate supporting documentation has been maintained to support claims to the World Bank for reimbursements of expenditures incurred; and (b) except for ineligible expenditures as detailed in the audit observations, if any, appended to this audit report, expenditures are eligible for financing under the Loan / Credit Agreement (Credit No. 4809-IN). During the course of the audit, SOEs/PFS for .7,83,86,355/- and the connected documents were examined and these can be relied upon to support reimbursement under the Loan / Credit Agreement subject to actual amount is certified for Rs 7,77,15.988/- (Annexure A), amount objected Zt 46.,183/- as shown in Annexure-B. This report is issued without prejudice to Comptroller and Auditor Generafs right to incorporate the audit observations in the Report of Comptroller and Auditor General of India for being laid before Parliament / State or UT Legislature. A Date: \s /10/2018 Sr. Deput" Accountant General (RS&SFR) Statement show ing amount as per SOL/PFS and as certified by [Al for the year 2017-18 in respect of World Bank Assisted Nlaharashtra AgricLnre Coi ettiveiiess Programmnne-Loan] No. 4809 IN Sr. No. Nan of ofite Amnoun as per knimnt veriRed Anm A uni as booked Amounit held N:tture of objection Almouni passed for SOF/IFS (in IRs. ) iN LAP (in Rs. ) in AG (A&E) ( in under objection ceritication (in Rs. ) (i n R5s.) Rs.) 2 3 4 6 7 Nagpir jrisdiction 1 Jt. Director of 0 2 DDRCS. Akola 0 0 0 0 3 DDRCS, Amravati 698746 6987461 750000 698746 5 DDRCS.Aurangabad 279000 0 0 0 5 DDRCS.Beed 0 0 8345000 0 6 DDRCS,Bhandara 942302 942000 942302 942000 7 DDRCS. Buldhana 0 0 0 0 8 DDRCS.Chandrapulr 391065 391000 391065 391000 9 DDRCS,Gadchiroli 750000 750000 750000 750000 10 DDRCS.Gondia 1500000 1500000 1500000 1500000 11 DDRCSJHingoli 0 0 0 0 12 DDRCS, Jalna 0 0 0 0 13 DDRCS. Latur 349694 349694 349694 349694 14 DDRCS, Napr 2279000 2279000 25413151 2279000 15 DDRCS, Nanded 0 0 0 0 16 DDRCS. Osmanabad 750000 750000 750000 750000 17 DDRCS,Parbhani 0 0 0 0 18 DDRCS, Wardha 0 0 0 0 19 DDRCS.Wasiiim 2640346 2640346 2660402 2640346 20 DDRCS,Yavatmal 1316810 1316810 1316810 1316810 21 DDC AHD. Amravati 0 0 0 0 22 DDC A1HID, Beed 5208000 8345000 0 5208000 23 DDC AlHD. Bhandara 0 0 0 0 24 DDC AHD, Buldhana 0 0 0 0 25 DDC ARD, Gondia 0 0 0 0 26 DDC A HD. Napur 1505000 1505000 0 1505000 27 DDC AlH1D, Washlim 0 0 0 0 28 DDC AH D,Yavatnal 38000 38000 0 1 38000 Total (A) 18647963 21505596 43168430 18368596 MuNIbai jurisdiction I DDRCS. A]imedl,agar 4848000 4457000 4457387 4457000 2 DDRCS, Solapur 641 677 6491677 6491677 6491677 3 DDRCS. Sinidhilurg 348483 348483 348483 348483 4 DDRCS. Sacara 0 0 0 5 DDRCS. Kolhapur 7249994 7249994 7249994 7249994 6 D)RCS. Punle Graiin 1973886 1973886 2051711 1973886 7 DDRCS Dhue 1578379 1 578379 1578379 1578379 8 DDRCS. Raigad 1500000 1500000 1500000 46183 Non ex(cution of I 500000 excavationl work 9 DDRCS. Nasik 12,442633 12453 109 12453109 12442633 0 DDRCS, Thane 301572 30305572 301572 301572 il DDRCS, JAan 6581572 6581572 6581572 6581572 12 DDRCS. N'andurbar 1900000 190000 i99000 1900000 13 DDRCS. Sangli 2423901 2423901 2423901 2423901 14 DDRCS, Ratnagiri 0 0 0 15 PIlU-AT-iculu1re 6480800 6480800 341276800 6480800 Comissier- ol SAgr]iultre. Puene 16 PIU-lIPTLA-D, Pune 2413000 2413000 2413043 2413000 17 DDC Al ID KHADK.Pune 828000 828000 827500 828000 3 18 DDC Ai ID Satara 826818 4741818 4741818 826818 19 DDC AHD Kolhapur 0 0 0 20 DDC AHI) Solapur 0 0 0 0 21 DDC AH Do Amednaar 00 22 DDC) AHJ) Nasik 775000 775000 77500 775000 23 DDC ANDDhule 774677 774677 774677 774677 2 4 DC Al ID Jalgaon 00 Total (B) 59738392 63272868 398146623 46183 0 59347392 Grant total (A+B) 78386355 84778464 441315053 46183 0 77715988 * ]i case Of [is1. Diut tommissier f AniMal HUsbaudri Satara atntof Riipes3 39009/- lying unspem is nti held i nde bjevien as the amnt is not 111iclded in the Prj ect Financial Statenient (PS) and the PfS amount of Rs. 8.26.S 18 is certificd. Categorv-wise objection is as under. ,n execuition o excavation 46183 Amount held under objection Sr. Dy. Acc6 fant General (RS&SFR)