States' expenditure rises 131% in 10 yrs on welfare, development: CAG Report

States' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the largest budget component. Committed expenses and subsidies consumed over half of revenue spending. Total state expenditure reached Rs 51.20 lakh crore in 2024-25. Budgetary spending averaged between 15.78 and 17.49 percent of GSDP.

Raccontata daeconomictimes.indiatimes.com