Hyderabad, April 1 -- A report of the Comptroller and Auditor General tabled in the Telangana assembly on Monday painted a picture of strained public finances in the state during 2024-25, marked by under-utilisation of the budget, poor revenue mobilisation, rising debt, and irregularities in tax administration.
The report pointed out that while the government managed to keep the fiscal deficit broadly within projected levels through borrowings, the widening revenue deficit and increasing debt burden could remain a matter of concern for the state's fiscal sustainability.
According to the report, the Telangana government was unable to utilise its budget in line with the targets set for the 2024-25 financial year, spending only Rs.2,18,251...
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