Twenty-three states spent ₹2.4 trillion, or 21.21 per cent of their combined capex budget, in April-August FY27, slightly below 21.73 per cent a year earlier
Audit says 1.18 crore tonnes of coal produced beyond EC limits and without valid clearances
Centre's fiscal deficit stood at ₹7.1 trillion during April-August, at 41.9% of the full-year target, according to CGA data
The audit also found unauthorised occupation of government land, diversion of agricultural and forest land, and weak monitoring of plots allotted for industrial use
Audit finds ₹983.32 crore spent in villages not affected by mining and ₹679.14 crore sanctioned for projects outside the permissible PMKKKY framework
Audit finds only around ₹110 crore recovered against over ₹2,500 crore in GST demands, while flagging excess input tax credit and gaps in e-way bill monitoring
Capital spending continued to trail their combined revenue expenditure
Capital spending rose 30 per cent year-on-year to Rs 4.51 trillion in April-July, while the fiscal deficit fell nearly 3 per cent to Rs 4.55 trillion
Will install 20,000 tank-to-tap filtration systems: Govt
The Comptroller and Auditor General of India has flagged delays in achieving the intended outcomes of enhancing operational safety in the Railways, noting that 20,304 safety-related railway works remained unfinished during the financial year 2024-25. The government's financial watchdog, which tabled its report in Parliament on Wednesday, provided an analytical review of the finances and accounts of the Indian Railways based on the audited accounts for the year ended March 2025. A press note highlighting the major findings of the audit said, "Over 20,304 safety-related works remain unfinished, indicating delays in achieving intended safety outcomes." Flagging another concerning area related to the Rashtriya Rail Sanraksha Kosh (RRSK), a dedicated fund created for safety-related works, it said that the Indian Railways was supposed to contribute a large amount of its own resources to the RRSK but contributed much less than planned. "Railways contributed only a small fraction of the ..
The CBIC accepted observations in 903 of the 1,334 cases detected by the auditor, involving Rs 268.36 crore, and has recovered Rs 15.88 crore so far.
The ministry's autonomous bodies reported Rs 4,553.85 crore in unutilised grants, while the auditor also flagged accreditation gaps and delays in financial reporting.
The RBI has argued that fiscal-responsibility laws should evolve from merely monitoring deficit numbers to assessing broader fiscal risks
The auditor flagged poor planning and land acquisition, saying BMRCL has continuously incurred cash losses and remains dependent on Karnataka to service its debt
A CAG report tabled in the Delhi Assembly by Chief Minister Rekha Gupta on Monday highlighted the overall declining trend of GSDP, indicating "slightly slower" economic growth of the city as compared to the rest of the country. The report on the finances of Delhi government for 2024-25 analysed overall financial health, expenditure trends, debt position, and compliance with fiscal responsibility during the period when the Aam Aadmi Party (AAP) was in power in Delhi. The economic growth and gross state domestic product (GSDP) of Delhi showed a "healthy trend" in 2024-25. The GSDP at Rs 12.15 lakh crore registered a growth of 9.17 per cent over the previous financial year, the report by the Comptroller and Auditor General (CAG) of India said. It said Delhi contributed 3.67 per cent to the gross domestic product (GDP) of India in 2024-25. GDP refers to the total value of goods and services produced within a country, while GSDP measures the same at the state or Union territory level, an
CAG audits reveal that several Indian states understated their fiscal gaps in 2024-25 due to accounting practices, off-budget borrowings, and unrecorded liabilities
The auditor questioned the financial management of the flagship welfare scheme after finding excess expenditure and irregular fund withdrawals despite no immediate spending requirement
The statutory social security body will review its audit framework and recommend reforms after the CAG flagged deficiencies in financial controls, audit timelines and record-keeping
Twenty states utilised 5.86 per cent of their FY27 capex budgets in April-May, below the year-ago pace, though spending recovered in May after a sluggish April
Karnataka, Telangana, Chhattisgarh, and Bihar saw revenue balances weaken between FY23 and FY25 as spending outpaced receipts: CAG