Report of the Comptroller and Auditor General of India
To,
The Superintending Engineer & Nodal Officer
Water Resources Department
Water Survey Circle,
RAIPUR, CHHATTISGARH
Report on the Project Financial Statements
We have audited the accompanying financial statements of the World Bank Assisted
National Hydrology Project Phase-Ill (State Agency) under World Bank Loan No.8725-IN.
which comprise the Statement of Sources and Applications of Funds and the Reconciliation
of Claims to Total Applications of Funds for the year ended 31s" March 2021. 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 misstatement. 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 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 respects,
the sources and applications of funds of National Hydrology Project for the year ended 3 1
March 2021 in accordance with Government of India accounting standards.
in addition, in our opinion, (a) with respect to Interim Unaudited Financial Report
(JUFRs), 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
are 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 (Annexure-I) under the Loan Agreement.
This report is issued without prejudice to Comptroller and Auditor General of India's
right to incorporate the audit observations in the Report of Comptroller and Auditor General
of India being laid before Parliament/State or UT Legislature.
Sr. Dy. A    ntant General
Post ManIhar, Zero Point) Raipor 493 111 (Chhattisgarh)
wis/Phone :2582082 i&m1/Fax :2582505         - rn//Emai :agauchhattisgarh@cag gov,in


Annexurc-
Statement slowing the details of expenditure incurred i. e. category wise,
component wise for the year 2020-21 in respect of World Bank assisted National
Iydrology Project (Loan No.8725-IN)
Implementing Agency Name: Chhattisgarli
Components          Expenditure as  Actual            Expenditure     Expenditure
per IUFR      Expenditure as       Disallowed     Admitted in
Verified in audit   1in Audit       Audit
RS.           RS.                 RS.             RS.
(A)           (B)                  (C)             (D) - (B-C)
Component-A         5858087       5858087             0               5858087
Component-B         0             0                   0               0
Component-C         0             0                   0               0
Component-D         606032        606032              0               606032
Total               6464119       6464119             0               6464119
Sr. Audit officer/FAW