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Rising fiscal stress as Bihar spent only 78% of total budget in FY23, says CAG
The Morning Standard
|July 27, 2024
THE Bihar government could spend only 77.95% of the total budget during the financial year 2022-23 as the state surrendered an amount of 20,526.71 crore.
It was revealed in the state finances audit report of the CAG for the financial year ending March 31, 2023, presented in the state legislature on Thursday.
According to the report, the state could spend a sum of only 2,35,176.84 crore whereas the total budget of the state was ₹3,01,686.46 crore for financial year 2022-23.
This story is from the July 27, 2024 edition of The Morning Standard.
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