India - Jharkhand : Public Financial Management and Accountability Study

India - Jharkhand : Public Financial Management and Accountability Study

Jharkhand, India's youngest and 28th state came into existence in November 2000 pursuant to the reorganization of the erstwhile State of Bihar by the Bihar State Reorganization Act, 2000. More than 77 percent of the population of the state res...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Integrated Fiduciary Assessment
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ABSORPTIVE CAPACITY ACCESS TO INFORMATION ACCOUNTANT ACCOUNTING ACCRUAL ACCOUNTING ADMINISTRATIVE BURDEN ADMINISTRATIVE PROCEDURES AGGREGATE EXPENDITURE ALLOCATION OF FUNDS ARREARS AUDIT COMMITTEES BANK ACCOUNTS BANK GUARANTEE BID BUDGET CYCLE BUDGET EXECUTION BUDGET FORMULATION BUDGET IMPLICATIONS BUDGET MANAGEMENT BUDGET PROCESS BUDGETARY ALLOCATIONS BUDGETARY IMPACT BUDGETING CAPACITY BUILDING CAPITAL EXPENDITURE CAPITAL OUTLAY CASH BALANCES CENTRAL GOVERNMENT CENTRAL TAXES COMMERCIAL TAXES COMMUNICATION GAP CONSTITUTIONAL MANDATE CONTINGENT LIABILITIES CONTRACT AWARDS CORRECTIVE ACTIONS COST ESTIMATES COURT ORDER CREDIBILITY DEBT DEBT MANAGEMENT DEBT POSITION DEBT SERVICE DEBT SERVICE PAYMENTS DEBT SERVICING DEBT STOCK DEBTS DEFICIT FINANCING DEFICITS DEPENDENT DEVELOPMENT CORPORATION DIRECT CREDIT DISBURSEMENT DISBURSEMENTS DISCLOSURE NORM DISTRICT ECONOMIC ASSUMPTIONS EFFICIENCY OF SERVICE DELIVERY ELECTRICITY ENFORCEMENT PROCEDURES EXCESS EXPENDITURE EXCHANGE RATE EXPENDITURE EXPENDITURE COMPOSITION EXPENDITURE MANAGEMENT EXPENDITURE POLICY EXPENDITURE PROGRAMS EXPENDITURE REPORTS EXPENDITURES FACE VALUE FINANCIAL ACCOUNTABILITY FINANCIAL ADVISOR FINANCIAL ASSETS FINANCIAL DISCIPLINE FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL POSITION FINANCIAL REPORTING FINANCIAL STATEMENT FINANCIAL STATEMENTS FISCAL BALANCES FISCAL DEFICIT FISCAL DEFICITS FISCAL DISCIPLINE FISCAL EXPENDITURE FISCAL FRAMEWORK FISCAL INFORMATION FISCAL MANAGEMENT FISCAL PLANS FISCAL POLICIES FISCAL REFORM FISCAL RESPONSIBILITY GOVERNMENT FINANCE GOVERNMENT REVENUES GOVERNOR GROSS DOMESTIC PRODUCT HOLDING HOUSING INEFFICIENT SERVICE DELIVERY INFLATION INFORMATION SYSTEM INFORMATION TECHNOLOGY INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INTEREST COST INTEREST COSTS INTEREST RATE INTEREST RATES INTERNAL AUDIT INTERNATIONAL DEVELOPMENT INTERNATIONAL STANDARD ISSUANCE KEY CHALLENGE LAND REFORMS LEGAL REQUIREMENT LEVEL OF DEBT LEVY LIABILITY LOC LOCAL GOVERNMENTS MANDATE MEDIUM-TERM FISCAL MEDIUM-TERM PERSPECTIVE MINISTRY OF FINANCE MUNICIPALITIES NATIONAL GOVERNMENTS NET WORTH NUTRITION ONLINE SYSTEMS OUTSTANDING ADVANCES PENALTIES PENALTY PENSION POLICY ANALYSIS POLICY CHANGES POLICY DECISIONS POLICY FORMULATION PRIVATE INVESTMENTS PROCUREMENT PROFESSIONAL DEVELOPMENT PROVISIONS PUBLIC PUBLIC ADMINISTRATION PUBLIC EDUCATION PUBLIC FINANCES PUBLIC FINANCIAL MANAGEMENT PUBLIC INFORMATION PUBLIC INSTITUTIONS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SPENDING PUBLIC WORKS RECEIPT RECEIPTS RECURRENT EXPENDITURE RECURRENT EXPENDITURES REGISTRATION PROCESS REORGANIZATION REPAYMENT RESERVE RESERVE BANK REVENUE COLLECTION REVENUE COLLECTIONS REVENUE ESTIMATES REVENUE FORECASTING ROADS RULES OF PROCEDURES SALARY SAVINGS SEIZURES SETTLEMENT SOCIAL DEVELOPMENT STATE BUDGET STATE ELECTRICITY STATE GOVERNMENT STATE GOVERNMENTS STATEMENTS OF EXPENDITURE SUB-NATIONAL SUB-NATIONAL GOVERNMENTS SURETY TAX TAX ADMINISTRATION TAX ASSESSMENT TAX ENFORCEMENT TAX EXPENDITURES TAX LEGISLATION TAX LIABILITY TAX OFFICIALS TAX PAYMENTS TAX REVENUE TAX REVENUES TAX SYSTEM TAXATION TAXPAYERS TOTAL EXPENDITURE TRANSACTION TRANSPARENCY TREASURIES TREASURY TURNOVER UNION URBAN DEVELOPMENT URBAN POVERTY VILLAGE VILLAGES WITHDRAWAL
Online Access:	http://documents.worldbank.org/curated/en/2007/09/16461387/india-jharkhand-public-financial-management-accountability-study http://hdl.handle.net/10986/12700

Description
Summary:	Jharkhand, India's youngest and 28th state came into existence in November 2000 pursuant to the reorganization of the erstwhile State of Bihar by the Bihar State Reorganization Act, 2000. More than 77 percent of the population of the state resides in rural areas and depends on agriculture for sustenance. Jharkhand is one of the richest states in the country in terms of mineral resources. Close to half of the gross domestic product (GSDP) of the state emanates from industry which includes mining, quarrying and registered manufacturing. But the high degree of industrialization has not resulted in a high level of income for the state. While the structure of the output indicates a high level of industrialization, the structure of employment reveals the predominance of agriculture. The purpose of this study is to make an objective assessment of the Public Financial Management and Accountability (PFMA) system of the state, identify its strengths and weaknesses and areas that may be in need of reforms and related capacity building. This study is a prerequisite to determining the precise nature and extent of any capacity building initiatives in Jharkhand. The study provides the Government a diagnostic tool for establishing priorities and to develop a baseline for monitoring future PFM performance of the state.