Audits Comptroller & Auditor General
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.
Who it concerns: Government of Bihar
What the auditor found
- 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.
Also in the document
- CAG noted that the State's Fiscal Deficit exceeded the target set by the Bihar Financial Responsibility and Budget Management (BFRBM) Act.
- CAG observed that the State's own revenue growth (10.71%) did not keep pace with the Gross State Domestic Product (GSDP) growth (13.09%).
- CAG highlighted that the State remains substantially dependent on Union Tax devolution (59.20%) and Grants-in-aid (13.66%).
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The original document
Comptroller & Auditor General of India (CAG) — audit reports
Audit report · Ref. Report No. 2 of 2026 · 2026
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