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Report of the Comptroller and Auditor General of India on State Finances for the year 2023-24 (Report No.1 of 2025)

CAG closed 2025
Plain-language summary (AI-generated) — a quick read so you don't have to open the full PDF. May contain errors; the original document below is authoritative.

What did the audit examine?

The audit examined the State Finances of Manipur for the year 2023-24, focusing on budgetary management, financial reporting practices, and fiscal sustainability.

Who / what it concerns

Government of Manipur

What the auditor found

  • Revenue receipts decreased by 7.47 percent in 2023-24 compared to 2022-23
  • State's own tax revenue decreased by 34.50 per cent in 2023-24
  • Total expenditure decreased by 6.12 per cent from ₹17,650.80 crore in 2022-23 to ₹16,570.59 crore in 2023-24
  • Fiscal deficit increased to ₹1,863.34 crore (4.14 per cent of GSDP) in 2023-24 from ₹708.91 crore (2.38 per cent of GSDP) in 2019-20
  • Committed expenditure (interest payments, salaries and pensions) constituted 57-65 per cent of revenue expenditure during 2019-20 to 2023-24
  • ₹2,295.13 crore was transferred to Single Nodal Agency (SNA) bank account during 2023-24
  • ₹619.46 crore was parked in SNA bank account as on 31 March 2024
  • Subsidies increased from ₹120.11 crore in 2019-20 to ₹358.24 crore in 2023-24
  • Off-budget borrowings raised ₹153.07 crore through Public Sector Undertakings
  • Contingent liabilities on account of guarantees: fresh guarantees of ₹305.40 crore issued in 2023-24, outstanding guarantee of ₹1,482.56 crore as on 31 March 2024

Points worth noting

  • Fiscal deficit increased to ₹1,863.34 crore (4.14 per cent of GSDP) in 2023-24
  • ₹619.46 crore was parked in SNA bank account as on 31 March 2024
  • Committed expenditure (interest payments, salaries and pensions) constituted 57-65 per cent of revenue expenditure
  • Subsidies increased from ₹120.11 crore in 2019-20 to ₹358.24 crore in 2023-24
Source bodyComptroller & Auditor General of India (CAG) — audit reports
Reference numberReport No. 1 of 2025
Statusclosed (section: audit_report)
Year2025
Closing date
Documents1

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Documents

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