Archive · 28 Jul 2025
CAG Flags Massive Accounting Lapses in Bihar Finances
Imagine the government is given money to build roads and schools, but they haven't shown where that money went.
The CAG, like a financial watchdog, found that billions of rupees in Bihar haven't been properly accounted for.
They haven't received documents (called UCs) that show the money was used for its intended purpose.
This makes it hard to know if the money was spent correctly, or if there were mistakes.
This has led to accusations of a scam, because the lack of transparency and missing paperwork is a problem.
The opposition has used these findings to criticize the current government.
CAG flagged significant accounting lapses in Bihar, with Rs 70,877.61 crore in unsubmitted utilization certificates.
The non-submission of UCs violates Bihar Treasury Code and national accounting standards.
Five departments account for the majority of unverified expenditure, including Panchayati Raj and Education.
Large sums of grants to local bodies and advances remain unverified, increasing the risk of misappropriation.
Opposition has accused the government of a major scam due to the CAG findings.
- Who
- Comptroller and Auditor General (CAG) of India; Opposition parties; Bihar Government.
- What
- CAG found massive accounting lapses with Rs 70,877.61 crore in unsubmitted utilization certificates.
- When
- As of March 31, 2024.
- Where
- Bihar, India.
- Why
- Non-submission of UCs, violations of accounting standards, and potential risks of financial mismanagement.
Opposition
Government
Accusation of a Scam
Opposition
Claims the government is responsible for a Rs 70,000 crore scam.
Government
No official counter statement from the government is mentioned in the article.
- Total Unaccounted Funds (UCs)
- Rs 70,877.61 crore
- UCs Pending
- 49,649
- Violation
- Bihar Treasury Code Rule 271(e)
- Largest Departmental Default
- Panchayati Raj (Rs 28,154.10 crore)
- AC Bills with Unsubmitted DC bills
- Rs 9,205.76 crore