Report on natural asset accounts to be published shortly: CAG | India News,The Indian Express
"The Asset Accounts captured details of 34 major minerals, 58 minor minerals, and all four fossil fuels.
A report on the asset accounts capturing details of 34 major minerals, 58 minor minerals and all fossil fuels will be published shortly, the Comptroller and Auditor General of India said on Friday.
Government Accounting Standards Advisory Board (GASAB), constituted by the CAG in 2002, had prepared a concept paper on Natural Resource Accounting (NRA) envisaging short, medium and long-term goals starting from 2020.
The first goal was the preparation of asset accounts on mineral and energy resources, more importantly of the non-renewable and finite resources, which would ultimately aid in building resilience to environmental issues like climate change.
As per the action plan envisaged in the concept paper, GASAB prepared the templates for the asset accounts for mineral and energy resources, field tested it in three states through pilot studies.
They were then reviewed by the experts in the consultative committee. The templates were, thereafter, distributed to the states for the preparation of asset accounts.
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