CAG asks states to disclose off-budget borrowings in A/Cs

India's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlighted that these liabilities have reached ₹90.51 lakh crore. States are advised to reduce these debts over time. Accurate reporting is crucial for understanding the true scale of state finances and ensuring fiscal transparency. This will aid informed decision-making by policymakers.

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