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Economy

CAG favours policy framework for off-budget financing

Updated : January 14, 2019 06:19 PM IST

In the report tabled in Parliament on Tuesday covering fiscal 2016-17, the Comptroller and Auditor General of India (CAG) said that the off-budget financing was being used to defer fertiliser arrears, food subsidy bills and outstanding dues of Food Corporation of India (FCI) through borrowings.
CAG favours policy framework for off-budget financing
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