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KIIFB accounts should have been audited by CAG, says Kerala High Court

In a public interest litigation, petitioner argues that the guarantees furnished by the State government to KIIFB against borrowings bypassed the limits set by the Centre and created 'off-Budget borrowings' that threatened the State’s fiscal stability and required mandatory CAG oversight

First reported by The Hindu 1 source
Image: The Hindu
Image: The Hindu
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  1. The Hindu

    KIIFB accounts should have been audited by CAG, says Kerala High Court (opens The Hindu in a new tab)

    In a public interest litigation, petitioner argues that the guarantees furnished by the State government to KIIFB against borrowings bypassed the limits set by the Centre and created 'off-Budget borrowings' that threatened the State’s fiscal stability and…

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