CAG flags ₹3,541 crore excess spend, budgetary lapses in Maharashtra Govt’s Ladki Bahin scheme
The Comptroller and Auditor General (CAG) of India has flagged significant financial irregularities in Maharashtra's 'Ladki Bahin' welfare scheme. The report highlights excess spending of over ₹3,500 crore and the improper parking of funds in personal deposit accounts.
Why it matters
It raises concerns about fiscal discipline and the management of public funds in large-scale welfare programs.
The Comptroller and Auditor General (CAG) has flagged excess expenditure of Rs 3,541.16 crore, parking of thousands of crores in deposit accounts and deficiencies in financial management in the implementation of the Maharashtra government's flagship Ladki Bahin scheme.
The article relies on an official government audit report to detail financial discrepancies.
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