As per the Guidelines of the Backward Regions Grant Fund (BRGF)
Programme, regular physical and financial audit of the works under the
BRGF Programme is required to be carried out at the end of each
financial year, in each district. The audit is to be done either by
Local Fund Auditors or by Chartered Accountants listed in the panel of
the State Government or AGs of the State. The Audit Reports, Physical
& Financial Progress Reports, Utilization Certificates,
Non-diversion/ Non-embezzlement Certificates etc. in respect of the
funds released earlier are to be furnished by the State Governments to
the Ministry of Panchayat Raj at the time of claiming subsequent
releases. BRGF Funds are required to be transferred to the
Implementing Entities within 15 days of the release of funds to the
Consolidated Fund of the States failing which penal interest is required
to be paid by the State Governments.
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