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KTR warned Telangana faces an economic crisis, citing the CAG report showing a revenue deficit and rising debt under Congress rule. He questioned government spending and demanded answers from Congress leaders
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BRS MLC Dasoju Sravan raised concerns over Telangana’s fiscal health, pointing to a concerning CAG report that shows the state's borrowings have already outpaced its revenue in the first quarter of the current fiscal year. He questioned the government's ability to meet its election promises and urged for a shift toward economic vision and tangible leadership.
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Among the key findings, one report has reportedly flagged serious concerns regarding the extensive renovation of former Chief Minister Arvind Kejriwal's official residence at 6 Flag Staff Road, infamously dubbed 'Sheesh Mahal' by the BJP.
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Tax revenue, the primary contributor, has also seen a dip in performance, achieving just Rs 1.02 lakh crore, which is around 62.07 per cent of the targeted Rs 1.64 lakh crore, compared to 65.37 per cent last year
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Telangana is facing a significant dip in revenue collections, with receipts for the current fiscal year lagging behind last year's collections.
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According to the CAG’s monthly key indicators on Telangana accounts for the month of August 2024, the total receipts of the State worked out to Rs.91,085.54 crore and the total expenditure was Rs 85,467.75 crore for the five-month period (April-August 2024).
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On the other hand, the audit reports on other projects that were part of Jalayagnam also pointed out multiple irregularities.
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CAG, during the audit, found various discrepancies in the implementation of PMS and Medhabruti schemes such as delay in processing, transfer of scholarship
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Jairam Ramesh claimed that under the “hybrid annuity model” the Adani consortium received 40 per cent of the project amount as a direct cash subsidy, even though it was never actually qualified to bid.
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CAG of India has slammed the Mizoram government for incurring an "avoidable" expenditure of Rs 4.88 crore on formation cutting of Darlak-Sihthiang road in Mamit district
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CAG tabled a performance audit report in the Lok Sabha on August 7 on the operationalisation of the AB-PMJAY scheme in hospitals.
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There should be a probe into the alleged scams and accountability should be fixed, Congress spokesperson Supriya Shrinate said, asking when will the PM break his "silence" on the alleged irregularities.
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The report also revealed that the Delhi-Vadodara Expressway with civil cost of around Rs 32,839 crore which was not included in the CCEA approved list of BPP-I projects was approved at the level of NHAI Board.
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The CAG report revealed that a total of 7,49,820 beneficiaries under the AB-PMJAY were linked to a single invalid mobile number -- 9999999999.
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The government entities have obtained loans amounting Rs 1,482.50 crore on behalf of the state government of Bihar as on March 31, 2022.
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Centre apparently did not initiate measures for addressing and fixing the safety lacunae, leading to the devastating tragedy at Balasore
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In a letter addressed to the CAG, GC Murmu, EAS Sarma felt it was possible that the government would enlarge the scheme to other sectors and also enhance the allocations, all at the cost of the public exchequer
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By JR Janumpalli Telangana on June 2, 2014, became the 29th State of India. Many new States were created after independence — some on a linguistic basis and some on tribal identities, geography and culture. The statehood of Telangana was different from other new States. It was for political freedom. It was a demerger of […]
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Hyderabad: This is in continuation of the last article on Constitutional Bodies and focuses on the functioning and duties of Comptroller and Auditor General. DUTIES AND POWERS OF CAG According to Article 149, the CAG shall perform the duties related to the accounts of the Centre and the States as specified by the Parliament. Accordingly, […]
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According to the CAG report, the fiscal deficit was 3.11% of GSDP in 2018-19 i.e. within 3.25% prescribed by the 14th Finance Commission and 3.5% target set out in MTFP Statement of the State