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Net surplus revenue decreased by 66.10 pc to Rs 1,665.61 cr in 2017-18: CAG


India's net revenue surplus decreased by 66.10 per cent from Rs 4,913.00 crore in 2016-17 to Rs 1,665.61 crore in 2017-18, said the Comptroller and Auditor General of India (CAG) in a report tabled in Parliament on Monday.

"The share of internal resources in total capital expenditure also decreased to 3.01 per cent in 2017-18," added the CAG in the report.

According to CAG, the appropriation to depreciation reserve fund decreased significantly by 68 per cent in 2017-18. Under the provisioning for depreciation resulted in piling up of 'throw forward' of works estimated at Rs 1,01,194 crore," said the country's central auditing agency.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 02 2019. 19:21 IST