CAG asks state finance secretaries for consistency in their accounts | Economy & Policy News #CashNews.co

Where does the West Bengal government park the pocket allowances it pays to associations and clubs across the state to finance activities like Durga Puja? Or does the Uttar Pradesh government park funds to support passengers or their heirs if a state transport bus they travel in gets into an accident?

These were some of the hard questions asked by the Comptroller and Auditor General (CAG) to state finance secretaries last week. What emerged from the meeting was that most state governments do not follow a common rule to classify expenditure. What was left unsaid was that