CAG raps Govt. for off-budget borrowings
The Hindu
Govt. told to disclose details of the borrowings made via KIIFB, KSSPL
Criticising the off-budget borrowings made through the Kerala Infrastructure Investment Fund Board (KIIFB) yet again, the Comptroller and Auditor General of India (CAG) has asked the State Government to include them in its annual budget statement.
In its latest State Finances Audit Report tabled in the Assembly on Thursday, the CAG asked the Government to disclose details of off-budget borrowings made through the KIIFB and Kerala Social Security Pension Ltd (KSSPL) in the budget and accounts.
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