ReferIndia News CAG Exposes Massive Account Backlog in Jammu and Kashmir PSUs and Autonomous Bodies

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CAG Exposes Massive Account Backlog in Jammu and Kashmir PSUs and Autonomous Bodies

Published on: April 8, 2026, 2:35 p.m. | Source: Devdiscourse

The Comptroller and Auditor General (CAG) reports a severe backlog in finalising accounts of Public Sector Undertakings (PSUs) and autonomous bodies in Jammu and Kashmir. Persistent delays compromise transparency and oversight. The CAG recommends adherence to timelines to enhance financial discipline and governance, warning that several entities have significant arrears.

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