Tag: Revenue deficit

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Auditor Suspects Rs 26,000 Cr Missing from Government Schemes in Maharashtra, India

Government schemes in Maharashtra may have had Rs 26,000 Cr missing in 2021-22, according to the CAG. The report highlights pending utilisation certificates worth Rs 25,759 Cr, calling for greater accountability and timely submissions to ensure funds reach beneficiaries. Prudent financial management is crucial as liabilities and debts increase. The state must take immediate action to address these issues to maintain public trust and economic development.

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