CAG expresses concern over Assam's fiscal sustainability as debt rises, investment remains limited
The CAG has raised concerns regarding the fiscal sustainability of Assam due to rising debt and limited investment. The state's economy showed moderate growth, but there were declines in non-tax revenue and central grants. The report emphasizes the need for better expenditure control and structural reforms to ensure long-term fiscal health.
- ▪The CAG's report highlights increasing debt load and high committed expenditure in Assam.
- ▪Assam's Gross State Domestic Product grew by 13.07% in the 2024-25 fiscal year.
- ▪Non-tax revenue declined by 9.34%, while subsidies increased sharply by 124.63%.
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The Comptroller and Auditor General (CAG) on Monday (May 25, 2026) raised concern over the fiscal sustainability of the Assam Government in its report for the 2024-25 fiscal, pointing at the increasing debt load, high committed expenditure and limited capital investment in the State.In the report on state finances for 2024-25 tabled in the Assembly, the CAG also said that the delay in submission of utilisation certificates, pending accounts of departmental undertakings and autonomous bodies, is affecting financial reporting.
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