CAG flags widening fiscal stress in Maharashtra despite robust growth; warns of rising revenue deficit, weak budget planning | Mumbai News
A large portion of state revenue is devoted to salaries and pensions, consuming over half of the total MUMBAI: Maharashtra’s economy continued to outpace much of the country in 2024-25, but the state’s finances are coming under increasing strain as rising revenue expenditure, mounting committed liabilities and persistent weaknesses in budget management threaten the government’s…