Arunachal Governor Expresses Concern Over Financial Management Lapses
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Arunachal Governor Expresses Concern Over Financial Management Lapses

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Arunachal Governor Expresses Concern Over Financial Management Lapses

Arunachal Pradesh Governor KT Parnaik expressed grave concern over the state’s recurring shortcomings in financial management and delays in projects’ implementation, calling for corrective measures. This concern was raised after reviewing the Comptroller and Auditor General’s (CAG) State Finances Audit Report for the year ended 31 March 2025, presented by Principal Accountant General Vanlal Chhuanga at the Lok Bhavan.

Parnaik emphasized the importance of strengthening the integrated financial management system through greater computerisation and technology-driven monitoring to improve transparency, accountability, and the financial health of the state. He observed that the state’s limited working season, coupled with delays in execution, often results in a rush to utilise funds during the closing month of March, affecting efficiency and outcomes.

The governor called for corrective measures, stating that sound financial planning should begin well before budget allocations. He advised all departments to formulate detailed plans and project proposals in anticipation of budget approvals, based on funding trends and past experience, so that tendering and execution can commence immediately after funds are released.

Principal Accountant General Vanlal Chhuanga presented the state’s fiscal position, compliance with the fiscal responsibility and budget management provisions, financial health, and the status of action taken on audit observations. Chhuanga noted that while Arunachal Pradesh enjoys a comparatively healthy financial position among many states, certain concerning trends persist, warranting closer financial oversight and corrective action.

The meeting was attended by Commissioner to Governor Pawan Kumar Sain, Joint Secretary (Budget) Ikar Dirchi, and senior officials of the accountant general’s office, the Budget Department, and the governor’s secretariat.

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