Nitish government could not give the utility certificate of Rs 70,000 crore, stirred after revelations in the CAG report, know the whole case

The Bihar’s growth rate, which runs quickly on the trail of development, was in successive double digits except the corona period. It was 14.47 percent in FY 2023-24, which is 4.87 percent higher than the national average. However, Bihar’s growth rate was 15.30 percent in 2022-23. This information was received from the Controller and Auditor General (CAG) (CAG) report presented in the meeting on Thursday. This report said that the state’s obligations also increased in relation to the growth rate. The total state obligations in 2023-24 were Rs 398560.98 crore. It was 12.34 percent higher than the previous year. Despite the total obligations within the prescribed limit, Bihar could not reach the targets set by the 15th Finance Commission in 2023-24. This CAG report has a complete blueprint for Bihar’s financial system. The report said that the tertiary sector contributed the maximum 57.06 percent to development. All service -related activities come in this area. The primary sector contributed 24.23 percent, while the secondary area associated with construction and infrastructure was 18.16 percent. The primary sector includes agriculture, animal husbandry, fisheries, forestry and mining, etc. Most population dependence is still in the primary field. Bihar’s dedicated expenses are increasing at an average rate of 8.86 percent. It increased from Rs 48477.72 crore in 2019-20 to Rs 70282.32 crore in 2023-24. Dedicated expenses include pay pension and interest payment. With these increasing expenses, the situation regarding income is satisfactory. Revenue receipts increased by 11.96 percent in 2023-24 compared to the previous year. This increase was a total of Rs 20659 crore. With the part of the central tax and levies, Bihar’s income for self -tax and income that is not tax increased by 9.87 and 25.14 percent respectively. The total budget of Bihar was Rs 326230.12 Crore in the laxity 2023-24 in budget costs. The government could only spend 79.92 percent (Rs 260718.07 crore) of this amount. 65512.05 Crore in saving, while the government returned only Rs 23875.55 crore. Thus, only 36.44 percent of the total savings were returned. Bihar’s accountant -general (accounting and suitability) of Bihar, who was not submitted in time, did not receive Rs 70877.61 crore until 31 March 2024. Despite the remitters, a total casual bill (DC Bill) of Rs 9205.76 Crore was also not provided during this period. The bill of Rs 7120.02 Crore belongs to the financial year 2022-23. Share this story -tags