Jammu and Kashmir’s debt pile grows to Rs 83,536 crore: CAG

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NEW DELHI, Apr 18: The Comptroller and Auditor General of India (CAG) has pulled up Jammu and Kashmir government for its debt situation, stating that the union territory’s overall debt has gone up to Rs 83,536 crore by October 2019.

The CAG expressed concern over J-K government’s action of using borrowed funds for meeting current consumption and repayment of interest on outstanding loans.

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