CAG finds Manipur's fiscal deficit far exceeds budget estimates
This audit examines the state finances of the Government of Manipur for the financial year 2024-25, covering revenue, expenditure, debt levels, and fiscal deficits.
Government of Manipur
- CAG noted that the State could not achieve revenue projections in almost all heads, indicating a need for better forecasting.
- CAG observed a decline in Capital Expenditure in 2024-25 compared to 2023-24, suggesting reduced allocation towards asset creation.
- CAG reported that the fiscal deficit increased to ₹2,090.89 crore in 2024-25, partly due to an appropriation of ₹500.00 crore to the Contingency Fund.
- CAG highlighted that total expenditure increased over the previous year mainly due to the increase in the Contingency Fund.
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Audit report
2024
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Document details
| Official title | Report of the Comptroller and Auditor General of India on State Finances for the year 2024-25, Government of Manipur |
| Source body | Comptroller & Auditor General of India (CAG) — audit reports |
| Reference number | — |
| Status | None (audit_report) |
| Year | 2024 |
| Closing date | — |
| Documents | 1 |