70000 bihar scam cag report

πŸ’₯ β‚Ή70,000+ Crore Public Money Unaccounted in Bihar? CAG Report Raises Alarm!

Political News

🚨 The Comptroller and Auditor General (CAG) of India has flagged major financial irregularities in Bihar’s spending for FY 2023–24. Here’s what every citizen must know πŸ‘‡

πŸ” Key Findings from the CAG Report:

πŸ”΄ β‚Ή70,877 crore β€” Funds disbursed, but no Utilisation Certificates submitted

➑️ No proof the money was actually used for intended purposes
➑️ Risk of embezzlement, misappropriation, or diversion of funds

πŸ”΄ β‚Ή9,205 crore β€” Advance withdrawn, but no spending details submitted

➑️ Over 22,000 bills pending
➑️ Ghost expenditures? Financial discipline totally broken

πŸ”΄ β‚Ή31,663 crore β€” Budget allocated for central schemes, but not used

➑️ Nearly half of the unused funds belonged to Central Government schemes
➑️ Poor implementation or hidden agenda?

🟠 Other Serious Concerns:

  • β‚Ή11,000+ crore in supplementary grants taken but never used
  • β‚Ή16,000+ crore given as power subsidies β€” but no audit trail to verify who benefitted
  • β‚Ή53 crore in off-budget borrowing done through PSU, bypassing the state’s main fund
  • Budget deviations of over 25% in multiple departments

πŸ“‰ Broken Systems & Rules:

  • Non-compliance with Indian Government Accounting Standards
  • 4 PD Accounts worth β‚Ή1.54 crore not migrated to the official financial system
  • Majority of new borrowings used to repay old loans, not build anything new
  • Fiscal deficit exceeds legal limit (4.17% vs allowed 3.5%)

🀯 What This Means:

This isn’t just mismanagement. It creates fertile ground for scams:

  • No audit trail for huge sums of public money
  • Fake or inflated bills possible
  • Development projects left incomplete
  • Taxpayer money potentially misused

πŸ—£οΈ It’s time we ask:

Where did the money go? Who’s accountable? When will we see action?

πŸ“Œ Tag your MLA, MP or local leader and share this!
πŸ“’ RTI activists, journalists, citizens β€” this is your wake-up call!

#BiharScam #CAGReport #PublicMoney #RTI #CorruptionAlert #Transparency #AuditReport #IndiaAgainstCorruption

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