Audits Comptroller & Auditor General
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.
Who it concerns: Government of Tripura
What the auditor found
- 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.
Also in the document
- CAG reported a continuous mismatch between receipts and expenditure, indicating rising fiscal stress.
- CAG observed that the share of Grants-in-aid in revenue receipts rose from 40.14% in 2019-20 to 43.01% in 2023-24, indicating increased reliance on Central Government support.
- CAG noted that committed and inflexible expenditure totaled ₹ 13,863.40 crore, representing 75.58% of revenue expenditure, which reduces flexibility for priority sectors.
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The original document
Comptroller & Auditor General of India (CAG) — audit reports
Audit report · 2023
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