CAG Flags Budgetary Violations In J&K, Rs 34,000 Cr Saving Not Surrendered
Published on: April 4, 2026, 4:57 p.m. | Source: Daily Excelsior
JAMMU, Apr 4: The Comptroller and Auditor General (CAG) of India has flagged financial management violations in Jammu and Kashmir, revealing that savings amounting to over Rs 34,000 crore were not surrendered by various departments during 2023-24, in violation of prescribed budgetary norms. The CAG has recommended a series of corrective measures to improve financial management in J&K, stressing the need for realistic budgeting and stronger expenditure controls. As per the Jammu and Kashmir Budget Manual, departments are required to […]
