AIDITORS' REPORT
The Director
National lydrology Project
National Institute of Hydrology
Roorkee 247667,
Uttarakliand
Report on the Proieet Financial Statement
We have audited the accompanving financial statement of the "National Ilydrology
ProJect", National Institute of lHydrology, Roorkee financed under world bank which
comprises the statement of sources and application of funds and reconciliation of
(laims to total application of funds for te financial year 2020-21. These statement
are the responsibility of the Project Management. Our responsibility is to express an
opinion on their accompanving financial statement based on our audit.
We conducted our audit in accordance with the auditing standards generally accepted
n India. These standard required that we plan and perform the audit to obtain
reasonable Assurance about whether the financial statement is frec from the material
misstatement. An audit includes examining, on a test basis. evidence supporting the
anount of disclosure in the financial statements.
It also includes assessing the accounting principles used and significant estimate
made by management as well as evaluating the overall statement presentation. We
believe that our audit provides a reasonable basis for our opinion.
In our opinion the financial statement present fairlv in all the material respeets, the
sources and application of funds of the project for the year ended 3 Ist March 2021 in
accordance wvith Government of India's accounting standards.
We further report that:
a) With respect to SOE, adequate supporting documentation have bee
maintained  to support claims to the World Biank and reimbursement (
expenditure ineurred, and,


b) Expect for ineligible expenditure as detailed in the audit certificate to this
audit report. expenditure are eligible for financial reimbursement
During the course of audit. Statement of Expenditure and connected document were
examined and these can be relied upon to support reimbursement
Detail of Expenditure in 2020-21 where as under:-
Total Expenditure        Amount short claimed
Rs. 459.62 lakhs                     NIL
Audit Observations
NIL
For Awasthi Prakash & Associates
Chartered Accountants
(CA Samiksha Jain)
Partner
M No.:- 403854
FRN: 018864N
UDIN: 21403854AAAAAQ6661
Date: - 30/04/2021
Place: - Roorkee


Annexure - A
Statement showing sources and uses of funds, recommendation of claims and the details of
expenditure incurred component wise for the year in respect of world bank Assisted
National Hydrology Project (Loan No. 8725-1N)
Table 1: Source and use of funds
Sources and use of funds                       Amount in Rs.
Opening balance                  (a)                  4924784
Funds received during the year   (b)                 59075000
Interest earned                  (c).                  570500
Total receipts                    (d) = (a+b+c)      64570284
Total expenditure admitted in audit  (e) -oftable2   45961977
Payment to Baharathkosh          (el)                  570500
Closing balance                  (f) = (d) - (e) -(el  18037807
Amount claimed from Bank as per IUFR  (g) 50% of table  22980989
Claimable amount from Bank       (h) 50% of (e).     22980989
Short/Excess claim               (i) = (g) - (h)            0
Table 2: Component wise reconciliation of Claims and expenditure
Acutal        Expenditure   Expenditure
Components      IUFR Figure (g)  Expenditure as Disallowed in  Admitted in
Verified in audit Audit     Audit (c)
Total Expenditure      45,961,977    45,961,977 NIL              45,961,977


Annexure - B
Statement showing the details of disallowances made from the expenditure incurred during
the previous year now released during the year 2020-21 in respect of World Bank Assisted
National Hydrology Project (Loan No. 8725-iN),
District/Unit Office      Amount disallowed Rs.     Reasons for disallowance
------NHL ------


Annexure - C
Statement showing the details of disallowance made from the expenditure incurred
during the previous years now released during the year 2019-20 in respect of World
Bank Assisted National Hydrology Project (NHP)
S.     Name of the Year         of Amount        Reason          Balance
No.    Division/Unit  Disallowance  Now                          Disallowance
Released                     amount
List        of       NIL
2016-17        95,000    Participants
verified
2        National       2016-17       32,20,000  The    advance       NIL
payments
3Institute of           2017-18       19,55,000  which     were       NIL
shown       as
4ydloy                                  expenditure          NIL
earlier    are
2018-19      23,82,650   reduced  from
the
expenditure of
the    current
years IUFR