Audits Comptroller & Auditor General
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.
Who it concerns: Government of Manipur
What the auditor found
- 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.
Also in the document
- CAG reported that the State's actual revenue collection was lower than the Revised Estimates, indicating economic challenges in revenue collection.
- CAG noted that the fiscal deficit for 2024-25 was ₹2,090.89 crore, which was 137.04% of the Budget Estimates.
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The original document
Comptroller & Auditor General of India (CAG) — audit reports
Audit report · 2024
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