The CAG’s State Finances Publication 2025 indicated that salary expenses for states have increased 2.5 times over 10 years to ₹16.6 lakh crore, whereas public debt has escalated 3.4 times to ₹59.6 lakh crore
What Is It?
A yearly report from the Comptroller & Auditor General (CAG) evaluates the financial status, debt, revenue, and spending patterns of states.
Delivers an extensive overview of financial well-being, sustainability, and policy consequences for each of the 28 states.
Main Trends Noted:
Salary Expenses: Increased 2.5 times (2013-14 → 2022-23) to ₹16.6 lakh crore; largest portion of fixed spending.
Subsidy Bills: Increased more than threefold to ₹3.09 lakh crore, with Punjab leading in spending (17% of total expenditure).
Committed Expenditure: Constituted 43.49% of state revenue expenditure, with Nagaland (74%) and Kerala (63%) having the highest percentages.
Public Debt: Increased 3.4 times to ₹59.6 lakh crore (≈23% of total GSDP), elevating medium-term fiscal risk.
Union Tax Devolution: Average proportion stayed around 27%; leading 5 states (UP, Bihar, MP, WB, Maharashtra) obtained 50% of the devolved taxes.
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Bihar-cadre IAS officer Chanchal Kumar to head Intelligence Bureau
Russian oil tanker docks in Cuba after months, carrying over 7.3 lakh barrels
Iran tightens control over Strait of Hormuz after a month of war
White House says Iranian leaders were killed after ‘lying’ during negotiations with US
Nalanda temple stampede kills 8 in Bihar, lapses in crowd control under scrutiny
Trump signals early exit from Iran war, Strait of Hormuz reopening not a priority
US strike hits India-bound aircraft in Iran, Tehran calls it a ‘war crime’
Iran hit by bunker-buster strike in Isfahan as Trump shares blast video
Western disturbances trigger nationwide rain alert with hailstorms and gusty winds
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