Maharashtra’s financial reporting under scanner as CAG flags off-budget debt, fund parking and weak oversight | Mumbai News
Maharashtra’s financial reporting faces serious concerns from the CAG Mumbai: Even as Maharashtra kept its fiscal deficit within the Fiscal Responsibility and Budget Management (FRBM) limit, the Comptroller and Auditor General (CAG) has raised serious concerns over the quality of the state’s financial reporting, warning that several accounting and treasury practices are undermining transparency, legislative…
