Low PSU returns, weak loan recovery in J&K: CAG
Published on: April 5, 2026, 4:25 a.m. | Source: Daily Excelsior
Excelsior Correspondent SRINAGAR, Apr 4: Investments made by the Union Territory of J&K in Public Sector Undertakings (PSUs), corporations and other bodies have generated poor returns, significantly below the cost of Government borrowings, raising concerns over fiscal efficiency and financial management. According to the latest report of the Comptroller and Auditor General of India on UT finances for 2024-25, the Government’s total investment stood at Rs 605.10 crore as of March 31, 2025. This includes Rs 72.26 crore in Government […]
