Overview
- State audit reports tabled Monday in multiple assemblies confirm worsening state finances and weak oversight, setting up near‑term cash management decisions and legislative scrutiny.
- Telangana’s FY2024-25 review shows spending at 76% of the budget, a ₹9,420 crore revenue deficit after a prior surplus, a debt-to-GSDP ratio of 34.29% that breaches the legal target, and large unspent allocations in irrigation, urban water and welfare schemes.
- Himachal Pradesh’s liabilities reached ₹1,04,410 crore as of March 31, 2025, with a fiscal deficit of ₹12,611 crore, a ₹6,804 crore revenue deficit, and excess disbursements of ₹3,102.88 crore including ₹427.46 crore without any budget provision.
- Responding to the findings, Himachal CM Sukhvinder Singh Sukhu said the state may raise more loans within permitted limits and pledged financial reforms while moving to smooth cash flows and address delayed payments.
- Maharashtra faces a backlog of 2,408 inspection reports containing 10,340 pending audit observations and possible irregularities of ₹891.29 crore, which the CAG says weakens executive accountability and delays Action Taken Notes sought by legislative committees.