The Comptroller and Auditor General (CAG) has pointed out that the ratio of development expenditure of Meghalaya is higher than North-East's average.
In social sector expenditure involving major components, the Meghalaya government's expenditure on health as a percentage of AE (aggregate expenditure) was higher than the North-Eastern States' average during both 2005-06 and 2009-10, whereas expenditure on education was lower, the CAG report tabled in the Assembly today said.
Fiscal position indicated the State not only maintained revenue surplus during the last five-year period ending 2009-10, but it also reached its peak.
Fiscal deficit of the State also significantly reduced during 2009-10, compared with previous year and primary deficit of 2008-09 turned into a primary surplus, the report said.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.