ACCOUNTABILITY
BUSINESS
KERALA
CAG flags ‘variation’ of ₹12,669 crore in Kerala’s KIIFB, KSSPL off-Budget borrowings for 2024-25
Reiterating its concerns regarding off-Budget borrowings made through these agencies, the CAG has recommended that the Kerala government disclose the details of such borrowings in the Budget as well as to the Union government
Pulse Bharat · Why it matters
Read the original at The Hindu ↗
Kerala's fiscal transparency is questioned as the CAG highlights substantial unbudgeted borrowings, impacting the state's financial accountability to citizens.