New Delhi, June 17 -- Revenue spending dominated the budgets of states, averaging 83% of total spending between 2015-16 and 2024-25 and subsidies and committed spending (on such things as salaries, pensions, and debt servicing) accounted for 53.31% of the aggregate spending of states in 2024-25. These are topline findings from the Comptroller and Auditor General of India's (CAG) third edition of its report on state finances that was released on Tuesday. The report summarises key takeaways from audited spending of 28 state governments in India for the financial year 2024-25 and also looks at long-term trends over the past decade. The data is important because many states have taken on debt to fund their expenditure. Across India, and cutting...