The Andhra Pradesh Legislative Assembly’s Public Undertakings Committee (PUC) has directed the Andhra Pradesh Medical Services and Infrastructure Development Corporation (APMSIDC) to instantly taxable each pending yearly audit reports and fiscal statements from 2014 onwards.
Committee Chairman Koona Ravi Kumar issued the instructions during a reappraisal gathering held astatine the Guntur District Collector’s bureau connected Tuesday.
Expressing interest implicit delays, Mr. Ravi Kumar said nationalist assemblage undertakings (PSUs) indispensable relation with transparency and accountability, ensuring timely completion of audits each fiscal year. He warned that officials liable for lapses would look enactment and ordered the submission of pending audit objections without delay.
During the review, the Committee besides examined the functioning of the AP Forest Development Corporation, AP Aviation Corporation, and AP Airports Development Corporation.
The Chairman questioned wherefore the Forest Development Corporation failed to taxable information for the past 8 years and instructed it to fortify eco-tourism projects nether the PPP model.
APMSIDC Managing Director Gireesha informed the Committee that the corp was executing 293 projects worthy ₹14,820 crore, with works worthy ₹3,947 crore already completed.
The Committee, which has truthful acold reviewed 30 of 182 State enterprises, reiterated that each PSU indispensable support precise statistics, audits, and yearly reports to heighten ratio and gross generation.

6 months ago
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