Tamil NaduEconomy
CAG report flags 309% rise in Tamil Nadu public debt over decade
The CAG's audit of Tamil Nadu's state finances for 2024-25 says outstanding public debt rose 309% between 2015-16 and 2024-25, from ₹1,94,096 crore to ₹7,94,107 crore. It cites repayment pressure and reliance on fresh borrowings.
The Comptroller and Auditor General of India audited Tamil Nadu's state finances for 2024-25, with a focus on fiscal sustainability. The report gives an assessment of the fiscal pressures the state government will face in the coming years.
According to the CAG report, the state's total outstanding public debt increased by 309% over the decade from 2015-16 to 2024-25. It rose from ₹1,94,096 crore to ₹7,94,107 crore.
During 2024-25 alone, outstanding public debt increased by 15.16%, with internal debt making up the major part of the increase, the report says.
The findings point to repayment pressure and a reliance on fresh borrowings, according to the report's summary.
- cag report
- tamil nadu cag report
- tamil nadu debt
From
Tamil NaduEconomy
CAG report flags 309% rise in Tamil Nadu public debt over decade
The CAG's audit of Tamil Nadu's state finances for 2024-25 says outstanding public debt rose 309% between 2015-16 and 2024-25, from ₹1,94,096 crore to ₹7,94,107 crore. It cites repayment pressure and reliance on fresh borrowings.
The Comptroller and Auditor General of India audited Tamil Nadu's state finances for 2024-25, with a focus on fiscal sustainability. The report gives an assessment of the fiscal pressures the state government will face in the coming years.
According to the CAG report, the state's total outstanding public debt increased by 309% over the decade from 2015-16 to 2024-25. It rose from ₹1,94,096 crore to ₹7,94,107 crore.
During 2024-25 alone, outstanding public debt increased by 15.16%, with internal debt making up the major part of the increase, the report says.
The findings point to repayment pressure and a reliance on fresh borrowings, according to the report's summary.
- cag report
- tamil nadu cag report
- tamil nadu debt
From