CAG Report Reveals ₹3.69 Lakh Crore Shortfall in Cess Transfers, RJD MP Seeks Accountability
CAG flags Rs 3.69 lakh crore cess transfer shortfall; RJD MP demands accountability in Rajya Sabha
The Economic TimesImage: The Economic Times
A report by the Comptroller and Auditor General (CAG) highlighted a ₹3.69 lakh crore shortfall in cess transfers by the Indian government, affecting various sectors over five decades. RJD MP A D Singh demands accountability and transparency regarding the misallocation of these funds during a session in the Rajya Sabha.
- 01The CAG report indicates a ₹3.69 lakh crore shortfall in cess transfers to designated funds.
- 02The lapses date back to 1974, affecting multiple sectors including health and education.
- 03RJD MP A D Singh raised concerns in the Rajya Sabha, demanding government accountability.
- 04Discrepancies between finance ministry claims and actual transfers were highlighted.
- 05Singh called for immediate corrective measures to prevent future lapses.
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In a recent session of the Rajya Sabha, A D Singh (Rashtriya Janata Dal MP from Bihar) raised concerns regarding a significant shortfall in cess transfers as reported by the Comptroller and Auditor General (CAG). The report revealed that the Indian government failed to transfer ₹3.69 lakh crore of cess collections to their designated funds, with lapses dating back to 1974. Singh pointed out specific shortfalls, including ₹37,537 crore untransferred in the health and education sectors from 2018-19 to 2023-24. He also noted discrepancies between the finance ministry's claims of ₹3.66 lakh crore transferred during the same period versus the ₹2.65 lakh crore reflected in government accounts. Singh emphasized the need for transparency and accountability, urging the government to explain the reasons for these lapses and to outline corrective measures to ensure proper allocation of cess funds intended for development and welfare.
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The shortfall in cess transfers may hinder funding for essential services like health and education, impacting citizens who rely on these sectors for welfare and development.
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