Key insights
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1
Land and property sales formed a major share of non-tax revenue: Land-sale proceeds constituted 69% of Telangana’s non-tax revenue receipts during 2014-15 to 2023-24.
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2
Interest payments were a significant expenditure pressure: The CAG said Telangana was among 11 States spending more than 10% of total expenditure on interest payments, and its interest expenditure was higher than its pensionary expenditure during the period.
Takeaways
The CAG reported that Telangana raised substantial revenue through land and property sales during 2014-15 to 2023-24 while carrying relatively high interest-payment obligations in its expenditure profile.