Under Section 29(1), the annual report submitted by the Authority to the Central Government must give an account of:

Section 29(1) requires the annual report to serve a DUAL purpose: it must give an account of the Authority's activities during the financial year just concluded, AND also give an account of activities likely to be undertaken during the FORTHCOMING financial year - combining retrospective reporting with prospective planning disclosure in a single document, rather than being purely backward-looking or purely a financial statement. Under Section 29(2), the Central Government must then cause this report to be laid before both Houses of Parliament as soon as may be after submission, ensuring parliamentary oversight of both AAI's past performance and its forward-looking plans in one consolidated exercise.