The Bureau of Public Enterprises In Bihar

Abstract

         With the creation of the Bureau of Pubic Enterprises in Bihar on 1^st March, 1976, the government wanted to be assured itself that the Bureau could bring details description of the total invested amount by the government in the public undertakings before the legislatures and the public at large. At the time of the formation of the Bureau of Pubic Enterprises altogether 44 Public undertakings, baring the co-operative actor, were in operation in the state and out of them 36 were working under the Companies Act, under parliamentary enactment and the rest were working under the rules regulations adopted by the Bihar legislature. Above all is the fact that all these undertakings are under the control of 19 government’s administrative has always been a severe problem for the committee and the Bureau alike. The Bureau of Public undertakings, since its inception, has been making strenuous efforts on its part to prepare a well-diversified information reports, but it miserably failed because the accounting and the audit of all the enterprises, excepting a microscopic minorities, have been lagging far behind than being up to date. To make their account and audit up-to date various efforts have been made by the Bureau, including the efforts under which it succeeded to get letter issued from the Auditor and Comptroller general office of this effect. The Auditor and Comptroller general of India directed them with the assurance that in case of making their audit up-to-date, a sizeable number of auditors would be appointed to expedite the account. Such an attempt on the part of the Bureau of Public Enterprises did bring some improvement but whatever was scored on that front was too below to expectation.