US EditionGoa’s Capital Spending Doubles in 5 Years, But Debt Still Above Safe Limit: CAG - Goemkarponn
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Goa’s Capital Spending Doubles in 5 Years, But Debt Still Above Safe Limit: CAG - Goemkarponn
Team Goemkarponn PANAJI: As the State government remained more focused on infrastructure development, Goa’ capital expenditure almost doubled over the past five years. This is despite the fact that the State’s debt burden continued to exceed the safe benchmark, the Comptroller and Auditor General (CAG) has cautioned. The State Finances Report 2023-24, presented in the Assembly on Friday, shows that capital spending — used mainly for creating fix…
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