September 19, 2024

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Kerala Assembly strikes decision towards CAG remarks on KIIFB

2 min read

By Express News Service
THIRUVANANTHAPURAM: Chief Minister Pinarayi Vijayan on Friday moved an uncommon decision towards CAG monetary audit report that had antagonistic remarks towards the federal government’s flagship undertaking Kerala Infrastructure Investment Fund Board (KIIFB), which drew heavy criticism from the opposition bench. 

The decision was moved within the backdrop of criticisms raised by the federal government, together with Finance Minister Thomas Isaac, that the remarks have been baseless and never current within the draft of the report submitted to the federal government. 

The CAG report had given the opposition a possibility to pounce on the federal government. The report mentioned the KIIFB loans have been off-budget loans which have been taken by bypassing the cap set on exterior borrowings and that was performed by flouting Constitutional norms. The report additionally expressed issues that the loans would end up as a state legal responsibility.

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The authorities response was that the loans have been being taken by a company physique shaped by the Assembly and that there was nothing unconstitutional about it.

Moving the decision, the Chief Minister mentioned the CAG has violated its personal procedures whereas making ready the report because it didn’t take heed to the division involved, which is denial of pure justice. 

“As per conventions, the remarks should be included in the draft so that the department concerned can give their reply. But it did not happen. The report will do away with the checks and balances existing between the legislature and the executive,” he mentioned.

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Opposing the transfer, UDF’s VS Satheesan mentioned shifting a decision towards the report filed by the constitutional physique is unprecedented and goes towards the constitutional values.

“There is no constitutional provisions, statutes, rules of procedure or convention to move such a resolution against the CAG report,” he mentioned.

Satheesan added that the audit para of the CAG shouldn’t be the ultimate phrase because the Public Accounts Committee arrange by the home will attain a conclusion on it after listening to the departments involved and the CAG.

The decision carried the federal government’s opposition to the remarks towards KIIFB listed from web page 41 to 43 of the report and its recording within the government abstract.

The Finance Minister had earlier advised the Assembly that the CAG didn’t talk the factors, the place it was having contentions, to the state authorities nor did it embrace it within the draft. He had additionally mentioned that the report has created additional odd conditions.