Archive · 2 Dec 2025
CAG flags massive backlog of un-audited accounts
The Comptroller and Auditor General (CAG) in India is upset because many state public sector companies (PSUs) and local councils have not sent their yearly financial reports for checking.
This is a big problem because the CAG needs these reports to make sure the money given to these groups is being used correctly.
There are 485 reports missing from different councils and 245 from PSUs.
Some of these reports are very old, with some being over 10 years late.
The CAG has asked the government to make a plan to fix this issue.
They also found that many receipts for money given to government departments are missing, totaling a huge amount of money.
The CAG wants the government to take responsibility and make sure these reports are submitted on time in the future.
CAG has not received 485 annual accounts from 75 autonomous councils and government bodies due up to 2023-24.
Of these, 106 accounts are more than 10 years old, and 136 are 5-10 years old.
CAG has also not received 245 annual accounts from 39 PSUs due up to 2023-24.
6,335 utilization certificates for grants totaling Rs 18,699 crore have not been submitted.
CAG recommends the government to draw up a concrete plan to clear arrears in accounts of persistently defaulting bodies.
- Who
- Comptroller and Auditor General (CAG), State public sector undertakings (PSUs), Autonomous councils
- What
- Failure to submit annual accounts for audit
- When
- As of September 2024, accounts due up to 2023-24
- Where
- Guwahati, Assam, India
- Why
- To ensure proper utilization of grants and loans disbursed to the bodies and their accounting
- Total outstanding accounts
- 485
- Outstanding accounts from autonomous councils
- 485
- Outstanding accounts from PSUs
- 245
- Oldest outstanding accounts
- More than 10 years old
- Department with most pending accounts
- Welfare of Tribal Affairs (Plain)
- Total un-submitted utilization certificates
- 6,335
- Total grants not accounted for
- Rs 18,699 crore