Report of the Comptroller and Auditor General of India on State Finance for the year 2024-25
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What did the audit examine?
The audit examined Maharashtra State's financial position for the fiscal year 2024-25, focusing on revenue, expenditure, and fiscal sustainability.
Who / what it concerns
Maharashtra State Government
What the auditor found
- Maharashtra's fiscal deficit was ₹29,994.76 crore (0.66% of GSDP) for 2024-25.
- Revenue deficit was ₹1,24,208.74 crore (2.74% of GSDP).
- Primary deficit was ₹70,753.63 crore (1.56% of GSDP).
- The audit noted that the state's revenue deficit and fiscal deficit were higher than the targets set under the Fiscal Responsibility and Budget Management Act, 2005.
- The audit highlighted that the state had maintained a high level of unspent funds in the 'Miscellaneous' head of expenditure.
Points worth noting
- The fiscal deficit was 0.66% of GSDP.
- The revenue deficit was 2.74% of GSDP.
- The primary deficit was 1.56% of GSDP.
| Source body | Comptroller & Auditor General of India (CAG) — audit reports |
| Reference number | — |
| Status | closed (section: audit_report) |
| Year | 2024 |
| Closing date | — |
| Documents | 1 |
Highlights & Points worth asking
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Documents
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Audit_report
2024
125474-Report-of-the-Comptroller-and-Auditor-General-of-India-on-State-Financ.pdf
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