📷 Image: Wikimedia Commons / Ministry of Finance of India
Politics
Rajasthan Government Raises ₹9,410 crore Off‑Budget, CAG Flags Hidden Debt
✍️ Amar Ujala · Rajasthan
🗓 26 Aug 2026, 06:47 AM
👁 4
The Rajasthan administration secured ₹9,410 crore through off‑budget borrowing via government entities in FY 2024‑25, a practice highlighted in a recent CAG report that questions the transparency of such liabilities.
Rajasthan’s finance department disclosed that the state collected an additional ₹9,410 crore in the 2024‑25 fiscal year by tapping off‑budget sources through various government‑owned institutions. The amount was not reflected in the official budget, raising concerns about the true scale of the state’s liabilities.
A recent Comptroller and Auditor General (CAG) report has called attention to this practice, labeling the off‑budget borrowing as a method of concealing debt. The audit also highlighted pending utility certificates and other irregularities linked to the use of public funds.
State officials have been urged to provide a clear reconciliation of the off‑budget borrowings and to ensure that all related expenditures are accounted for in future budget documents. The CAG’s observations may prompt legislative scrutiny and could influence upcoming fiscal policy decisions.
Analysts note that while off‑budget financing can offer short‑term liquidity, it may obscure the actual fiscal health of the state and affect credit ratings if not transparently managed.
A recent Comptroller and Auditor General (CAG) report has called attention to this practice, labeling the off‑budget borrowing as a method of concealing debt. The audit also highlighted pending utility certificates and other irregularities linked to the use of public funds.
State officials have been urged to provide a clear reconciliation of the off‑budget borrowings and to ensure that all related expenditures are accounted for in future budget documents. The CAG’s observations may prompt legislative scrutiny and could influence upcoming fiscal policy decisions.
Analysts note that while off‑budget financing can offer short‑term liquidity, it may obscure the actual fiscal health of the state and affect credit ratings if not transparently managed.