CAG faults State’s fiscal management; Herald vindicated

CAG faults State’s fiscal management; Herald vindicated

It is a shame that the CAG has “advised” the government to stop borrowing. In 2012 Manohar Parrikars paid 1200 crs loan from the previous Govt and claimed that he wiped the slate clean. However, as his BJP Govt term ends, they are leaving with a loan of 3390 Crs to be paid in the next 5 years and an addition 6500Cr payable from the 6th year onwards. In other words, next two successive governments wont have the privilege of wiping the slate clean.

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