CAG flags ₹3.17 lakh crore in losses, idle funds and fiscal lapses in govt's FY23 accounts

Aug 12, 2025 - 08:45
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CAG flags  ₹3.17 lakh crore in losses, idle funds and fiscal lapses in govt's FY23 accounts
While revenue and fiscal deficits stayed below revised estimates in FY23, the CAG identified significant short recoveries, unutilised reserves, arrears in loan repayments, and discrepancies in financial reporting that could undermine fiscal transparency and efficiency.

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