Bihar's fiscal deficit hits ₹41,222.50 crore, exceeding 3.50% GSDP target
This audit examines the financial performance, budgetary management, and financial reporting practices of the Government of Bihar for the financial year 2024-25.
Government of Bihar
- Fiscal Deficit of ₹ 41,222.50 crore (4.16% of GSDP), which exceeded the prescribed target of 3.50% of GSDP.
- Revenue deficit of ₹ 357.38 crore (0.04% of GSDP).
- Total Outstanding liabilities stood at 37.72% of GSDP, which is below the stipulated ceiling of 39.90%.
- Revenue Expenditure remained above 83% of Total Expenditure, indicating limited fiscal space for capital investment.
- Committed Expenditure increased by 19.84% in 2024-25, the highest increase in the last five years.
- Subsidy expenditure increased by ₹ 2,065.68 crore compared to the previous year.
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Audit report
2026
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Document details
| Official title | Report of the Report No. 2 of 2026: Comptroller and Auditor General of India on State Finances for the year 2024-25 Government of Bihar (State Finances Audit Report) |
| Source body | Comptroller & Auditor General of India (CAG) — audit reports |
| Reference number | Report No. 2 of 2026 |
| Status | closed (audit_report) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |