CAG Report on Indian Railways
On 21st December 2021, the Comptroller and Auditor General of India (CAG) released its audit report on finances of the Indian Railways.
- The report provides an evaluation of the financial performance of Railways in the year 2019-20.It presents findings on the finances of Railways and Railways Public Sector Undertakings (PSUs), and the Integrated Pay Roll Accounting System (IPAS) of Indian Railways.
Key Observations
Trends in Receipts
- Sources of receipts for Railways in 2019-20 were: (i) internal resources (53%), (ii) extra-budgetary resources (EBR) such as borrowings and investment through public-private partnership (26%), and (iii) budgetary support provided by ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 New Maritime Digital Initiatives: Powering Maritime Efficiency
- 2 Financial Stability Report
- 3 SEBI Tightens Timelines for Rebalancing Mutual Fund Portfolios
- 4 RBI Relaxes PSL Norms for Small Finance Banks
- 5 Statistical Report on Agriculture and Allied Sectors
- 6 Rapid Expansion of India's Startup Ecosystem
- 7 RBI Introduces STRIPS in State Government Securities
- 8 Sagarmala Finance Corporation Limited: India’s First Maritime NBFC
- 9 India’s First International Agri Hackathon
- 10 Viksit Krishi Sankalp Abhiyan
