CAG: States spending rose 131% from 2016-2025
India, June 17 -- States' aggregate expenditure rose sharply by 131 per cent between 2015-16 and 2024-25, keeping pace with economic growth, as they focused on welfare and development activities, said a CAG report on Tuesday.
Revenue expenditure continued to dominate budgets, averaging over 83 per cent of total spending, while capital expenditure increased in absolute terms but remained a relatively smaller share. "Social and economic services together accounted for about two-thirds of total expenditure, reflecting states' focus on welfare and development," said the CAG's Publication on State Finances 2024-25. The report was released by the Comptroller and Auditor General of India (CAG), K Sanjay Murthy. Committed expenditure and subsidi...
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