Tag: Cash Balance Cag

CAG-Report-Odisha
CAG Findings Question Odisha Govt's Fresh Borrowings Despite Cash Balance

Bhubaneswar: The Comptroller and Auditor General of India (CAG) has flagged shortcomings in the way Odisha government has presented its financial position citing the fresh borrowings by GoO at higher interest rates despite having a large cash balance. The 13th Finance Commission had recommended that the States with large cash balances should make efforts to […]

  • Thursday, 22 April 2021
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