GK and monthly revision

CAG criticises Kerala govt for ‘irregular’ withdrawals from treasury savings bank accounts

The Comptroller and Auditor General (CAG) of India has criticized the Kerala government for irregular withdrawals from treasury savings bank accounts, as outlined in the CAG report on State Finances for 2024-25. The report, tabled in the Kerala Assembly, highlights serious breaches of accountability and financial propriety, raising concerns about the state's financial management. This issue is significant as it underscores the importance of fiscal discipline and transparency in governance, which are critical for sustainable development and public trust.