‘State Finances 2023-24’ Report

On 31st December 2025, the Comptroller and Auditor General (CAG) of India K. Sanjay Murthy released the second edition of the publication on State Finances 2023-24.

  • The report analyses the fiscal position of all 28 States for FY 2023-24 and provides a 10-year trend from 2014-15 to 2023-24.

Key Findings

Revenue Receipts Composition

  • In FY 2023–24, total revenue receipts of States amounted to Rs.93 lakh crore.
  • States’ Own Tax Revenue (SOTR) formed about 50% of the total, followed by the Union tax share at 30%, grants-in-aid at 12%, and States’ Non-Tax Revenue (SNTR) at 8%.
  • SOTR stood at 6.49 percent of GSDP ....
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.
Be an Annual Subscriber

Reports & Indices