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Report of the Comptroller and Auditor General of India on State Finances for the year 2024-25, Government of Odisha Report No. 3 of 2026

CAG closed 2026
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What did the audit examine?

The audit examined the financial performance and management of the Government of Odisha for the fiscal year 2024-25, focusing on revenue, expenditure, debt, and fiscal sustainability.

Who / what it concerns

Government of Odisha

What the auditor found

  • Revenue Surplus of ₹ 22,651 crore (2.54% of GSDP)
  • Fiscal Deficit of ₹ 25,042 crore (2.81% of GSDP)
  • Total liabilities at 15.48% of GSDP (below 25% limit)
  • Revenue Receipts grew by 2.43% to ₹ 1,83,963 crore
  • Own Tax Revenue increased to ₹ 56,516 crore but not keeping pace with GSDP growth of 11.40%
  • Revenue buoyancy and State's own revenue buoyancy declined to 0.21 and 0.02 respectively

Points worth noting

  • Fiscal Deficit within 3% of GSDP ceiling
  • Total liabilities below 25% of GSDP limit
  • Own Tax Revenue growth not matching GSDP growth (11.40%)
Source bodyComptroller & Auditor General of India (CAG) — audit reports
Reference numberReport No. 3 of 2026
Statusclosed (section: audit_report)
Year2026
Closing date
Documents1

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Documents

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Audit_report 2026 125084-Report-of-the-Comptroller-and-Auditor-General-of-India-on-State-Financ.pdf
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