Articles tagged under: CAG

CAG Report Flags Overstated Surplus and Understated Deficit in Gujarat’s 2023-24 Finances

September 10, 2025
CAG Report Flags Overstated Surplus and Understated Deficit in Gujarat’s 2023-24 Finances

Ahmedabad: The latest Comptroller and Auditor General (CAG) report has raised serious concerns over the Government of Gujarat’s financial management, budgetary practices, and accounting quality for 2023-24 and preceding years. The audit highlights multiple weaknesses affecting fiscal discipline, expenditure control, and financial accountability. Fiscal Management Concerns The report notes that Gujarat failed to achieve its revenue surplus target in 2020-21, as mandated under the Gujarat Fisc...Read More