Gujarat's 2023-24 Capital Expenditure: R&B Leads, Education Lags, CAG Flags Incomplete Projects
AI-Generated Summary
The CAG report for 2023-24 reveals that Gujarat's Roads and Buildings (R&B) department accounted for the highest capital expenditure but also the most incomplete projects, leading to "blocked funds." Meanwhile, the education and culture sector saw the lowest increase in outlay. Overall state capital expenditure rose significantly by 56.85%, even as the fiscal deficit increased.
In a nutshell
This report offers a critical look at Gujarat's financial priorities, highlighting a substantial investment in infrastructure alongside notable inefficiencies in project completion. It underscores the importance of scrutinizing not just spending figures but also the effectiveness and timely execution of government initiatives.
Source: The Indian Express
