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National
7 States' Revenue Deficits Soar
✍️ WION
🗓 06 Aug 2026, 09:02 PM
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The Comptroller and Auditor General (CAG) has found that seven states' revenue deficits are higher than reported. Bihar's deficit has increased seven times, while Chhattisgarh's has doubled.
The CAG's findings have revealed a significant discrepancy in the reported revenue deficits of seven states. Bihar has witnessed a staggering seven-fold increase in its revenue deficit, while Chhattisgarh's deficit has doubled. This revelation raises concerns about the financial management of these states. The CAG's report highlights the need for more accurate accounting and transparency in the financial dealings of state governments. The increased revenue deficits can have far-reaching implications for the economic stability of these states.