Hrrr I'I'4JIXtflTlm IMSN4 , 'OFFICE OF THE PRINCIPAL mlri,, f r-796001 ' ACCOUNTANT GENERAL, AIZAWL, MIZORAM - 796001 No.PAG.MIZ/FAW/NHP/2023-2024/134 Dated: 22.01.2025 To, The Nodal Officer, SPMU (NHP) & The Chief Engineer, Irrigation and Water Resources Department., Government of Mizoram. Subject: Audit Certificate in respect of National Hydrology Project, Irrigation and Water Resources Department, Government of Mizoram, Aizawl, under World Bank Loan No. 8725-INfor the year 2023-2024 Sir, In inviting a reference to the subject mentioned above, I am to forward herewith the Audit Certificate (in duplicate) in respect of expenditure incurred by your department towards World Bank assisted National Hydrology Project (Loan No. 8725-IN) for the financial year 2023-2024. This Audit Certificate is issued without prejudice to the Comptroller and Auditor General of lndia's right to incorporate any further/ detailed audit observation, if any, when made in the report of the Comptroller and Auditor General of India for being laid before the Parliament/ State Legislature. Please acknowledge the receipt. Enclo: As stated above. Yours faithfidly. (Sebabrata Mazumder) Deputy Accountant General (Audit) Phone: 0389-2335566 Fax: 0389-2333434 Eniail: agmizoram@eag.gov.in OFFICE OF THE PRINCIPAL ACCOUNTANT GENERAL, MIZORAM, AIZAWL To, The Nodal Officer, SPMU (NHP) & The Chief Engineer, Irrigation and Water Resources Department, Government of Mizoram. Aizawl. Report on the Project Financial Statements We have audited the accompanying financial statements of the World Bank assisted National Hydrology Project, Irrigation and Water Resources Department. Government of Mizoram, Aizawl- under World Bank Loan no. 8725-IN which comprises of the Statement of Sources and Applications of Funds and the Reconciliation of claims to Total Applications of Funds for the year ended 31" March 2024. 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 have 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 mis-statement. Our audit examined 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 made by the 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 Project Financial Statements present fairly, in all material aspects, the sources and applications of funds of National Hydrology project for the year ended 31" March 2024 in accordance with Government of India accounting standards. In addition, in our opinion, (a) with respect to Interim Unaudited Financial Report (IUFRs), adequate supporting documentation has been maintained to support claims to the World Bank for reimbursements of expenditure incurred, and (b) except for ineligible expenditure as detailed in audit observations, if any, appended to this audit report, expenditure is eligible for financing under the Loan Agreement. During the course of the audit, IUFRs and the connected documents were examined, and these can be relied upon to support reimbursement under the Loan Agreement as per Annexures A, B & C. This report is issued without prejudice to the rights of the Comptroller and Auditor General of India to include any audit comments noticed as a result of the Audit in due course in the Report of the Comptroller and Auditor General of India being laid before Parliament/State or UT Legislature. Deputy Accountant General (Audit) Phone: 0389-2335566 Fax: 0389-2333434 Email: agmizoram@cag.gov.in Annexure-A Statement showing the details of expenditure incurred i.e. category-wise, component- wise for the year 2023-24 in respect of the World Bank assisted National Hydrology Project (Loan No. 8725-IN) Actual Expenditure Expenditure Expenditure A e Expenditure Components Expenditure as per as Verified in Audit disallowed in Audit Admitted in Audit IUFR ()) (t) (A) (B) (C) (D)= (B-C) Component-A 2.67,93,380 2,67,93,380 9,41,168 2,58,52,212 Cor1ponent-B 25950 0 12,950 Component-C 75.18733 75 73 0 75,18,733 Component-D 80,41237 80,41 237 0 80,41,237 Total 4,23,66,300 4,23,66,300 9,41,168 4,14,25,132 (in Z Expenditure Admitted m Audit (D) 4,14,25,132 (Rs) Bank share of audited expenditure (E) = 50% of D 2.07,12,566 Bank share claimed as per IUFR (F) = 500 of A1183.150 Difference in claims (G) (r - E 4,70,584 Deputy Accountant General (Audit) Phone: 0389-2335566 Fax: 0389-2333434 Email: agmizoram@cag.gov.in Annexure-B Statement showing the details of disallowances made from the expenditure incurred during the year 2023-24 in respect of World Bank assisted National Hydrology Project (Loan no. 8725-IN) District/Unit Office Amount disallowed (K) Reasons for disallowance Aizawl 9,41,168 Idle expenditure. L Deputy Accountant General (Audit) Phone: 0389-2335566 Fax: 0389-2333434 Email: agmizoram@cag.gov.in Annexure-C Statement showing the details of disallowances made from the expenditure incurred during the previous years now released during the year in respect of World Bank assisted National Hydrology Project. Year of Amount NowBanc Sl.No Name of the Division/Unit Disallowance Released (Rs) Disallowance Amount (Rs) Deputy Accountant General (Audit) Phone: 0389-2335566 Fax: 0389-2333434 Email: agmizoram@cag.gov.in