Patna, February 26 The CAG has raised concerns about the non-submission of Utilization Certificates (UCs) amounting to ₹92,132.75 crore for various projects and schemes implemented by state bodies and authorities in Bihar up to March 31, 2025.
The findings were highlighted in the CAG's Finance Accounts Report 2024-25, which was submitted to the state government on Thursday.
According to the report, 62,632 UCs involving ₹92,132.75 crore were pending as of March 31, 2025.
This includes 42,474 UCs worth ₹52,157.87 crore pertaining to 2023-24 and 20,158 UCs worth ₹39,974.88 crore for 2024-25.
Utilization Certificates are mandatory documents that grant-receiving bodies must submit to certify that funds released by the state government have been used for their intended purposes.
The CAG has repeatedly raised concerns about the large pendency of UCs in its previous reports, indicating the risk of embezzlement, diversion of funds, or fraud.
According to the General Financial Rules, it is the responsibility of the relevant department officers to obtain UCs wherever grants are released for specific purposes.
"The pending UCs reflect a lack of financial accountability, where funds have either been spent without proper documentary evidence or have not been spent despite being withdrawn from the treasury," a state Finance Department official said.