India  
 
NewsR.in

Cash-starved civic bodies struggle to take up public works; generate only 32% revenue from own sources: CAG

IndiaTimes Friday, 15 November 2024
A series of audits by the Comptroller and Auditor General (CAG) have revealed that urban local bodies (ULBs) across India are grappling with financial instability, generating only a third of their revenue independently and relying heavily on state and central funding.
0
shares		ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Comptroller and Auditor General of India Comptroller and Auditor General of India Comptroller and auditor general of India

CAG flags ‘embezzlement risk’ in Bihar: Where is Rs 70,877 crore? Report says no assurance funds used for intended purpose

 The findings were part of the CAG’s report on State Finances for the year 2023–24, which was tabled in the state assembly on Thursday.
IndiaTimes

Related news from verified sources

Cash-starved civic bodies struggle to take up public works; generate only 32% revenue from own sources: CAG

 A series of audits by the Comptroller and Auditor General (CAG) have revealed that urban local bodies (ULBs) across India are grappling with financial...
IndiaTimes

K Sanjay Murthy becomes next Comptroller and Auditor General

 K Sanjay Murthy, an IAS officer, has been appointed as the new Comptroller and Auditor General (CAG) of India, succeeding Girish Chandra Murmu. Murthy, currently...
IndiaTimes