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Cash-starved civic bodies struggle to take up public works; generate only 32% revenue from own sources: CAG

IndiaTimes Friday, 15 November 2024
A series of audits by the Comptroller and Auditor General (CAG) have revealed that urban local bodies (ULBs) across India are grappling with financial instability, generating only a third of their revenue independently and relying heavily on state and central funding.
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CAG flags ‘embezzlement risk’ in Bihar: Where is Rs 70,877 crore? Report says no assurance funds used for intended purpose

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