Net surplus revenue down by 66.10%: CAG

Net surplus revenue down by 66.10%: CAG

AgenciesUpdated: Monday, December 02, 2019, 11:49 PM IST
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Mumbai: India's net revenue surplus decreased by 66.10% from Rs 4,913.00 crore in 2016-17 to Rs 1,665.61 crore in 2017-18, said the Comptroller and Auditor General of India (CAG) in a report tabled in Parliament on Monday.

"The share of internal resources in total capital expenditure also decreased to 3.01% in 2017-18," added the CAG in the report.According to CAG, the appropriation to depreciation reserve fund decreased significantly by 68% in 2017-18.

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