Government's FY18 liabilities understated by over 4%, CAG tells Finance Commission
- 5 years ago
According to the CAG, if the bank recapitalisation bill of Rs 80,000 crore was added to the government's public debt and the outstanding liabilities of the specified public institutions, the total outstanding liabilities stands at whopping Rs 92.84 lakh crore, which is 54.31 percent of GDP.