Economic TimesLean R·
Fiscal stress deepens across states
New Delhi [India], June 16 (ANI): India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liabilities rising to Rs 90.51 lakh crore as of March 31, 2025, according to the Comptroller and Auditor General's (CAG) report State Finances 2024-25 released on Monday. Presenting the key findings of the report, Shefali Srivastava Andaleeb, Director General (GA-I), CAG, highlighted the widespread fiscal strain across states. "…
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