Tripura's fiscal deficit hits ₹637.58 crore, CAG finds
This audit examines the state finances, budgetary management, and quality of accounts for the Government of Tripura for the financial year 2023-24. It assesses fiscal sustainability, revenue and expenditure trends, and compliance with financial rules.
Government of Tripura
- Fiscal deficit of ₹ 637.58 crore (0.77% of GSDP) in 2023-24.
- Revenue surplus of ₹ 2,195.97 crore in 2023-24, an increase of ₹ 1,625.67 crore over 2022-23.
- Capital expenditure of ₹ 2,734.19 crore, which increased by 35.02% from the previous year.
- Committed expenditure (salaries, pensions, interest) constituted 58.58% of revenue expenditure.
- Outstanding guarantees as on March 2024 amounted to ₹ 602.17 crore.
- CAG noted that the State booked Grant in Aid of ₹ 1,488.52 crore under the Capital section instead of the revenue account.
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Document details
| Official title | Report of the Comptroller and Auditor General of India on State Finances for the year 2023-24 |
| Source body | Comptroller & Auditor General of India (CAG) — audit reports |
| Reference number | — |
| Status | closed (audit_report) |
| Year | 2023 |
| Closing date | — |
| Documents | 1 |