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CAG Audit Exposes ₹435 Cr Losses, Systemic Lapses in Haryana Government Departments for FY 2022-23

Target:UPSC GS-IIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
20 Feb 2026
~2 min
Source: Indian Express
Key Data:₹435 croreFY 2022-2337 SPSEs₹1,049.20 crore profit₹51.05 crore loss46.86% fund mobilization
Bodies:Comptroller and Auditor General of India (CAG)Haryana Legislative AssemblyEmployees Provident Fund Organisation (EPFO)Life Insurance Corporation of India (LIC)
Practice MCQs from today's news ▸
What This Article Covers

1.CAG's compliance audit for Haryana (up to March 2023) reveals financial irregularities and systemic lapses leading to over ₹435 crore in losses.

2.Key failures include policy violations in plot allotment, stamp duty evasion, CSR spending without need assessment, and delayed projects under the Smart Cities Mission.

3.The report underscores critical governance deficiencies in State Public Sector Enterprises (SPSEs) and monitoring failures in flagship urban missions.

The Big Picture
Prelims · HighMains · Medium

A CAG audit report for Haryana, tabled in February 2026, has exposed over ₹435 crore in direct financial losses and revenue leakages across state departments for FY 2022-23. It highlights systemic failures in internal controls, revenue administration, and project monitoring. This case study is crucial for understanding audit findings, public finance management lapses, and the accountability mechanisms of constitutional bodies.

Exam Lens

Quick Exam Facts From News

Reported Financial Loss₹435 crore
Audit PeriodEnding March 2023
No. of SPSEs in Haryana37
Profit-making SPSEs19 (₹1,049.20 Cr)
Loss-making SPSEs11 (₹51.05 Cr)
Smart Cities in ReportFaridabad, Karnal

1-Minute Revision

  • ›Reported Financial Loss: ₹435 crore
  • ›Audit Period: Ending March 2023
  • ›Target this Data: ₹435 crore total financial implications identified by CAG for Haryana (2022-23).
  • ›Target this Nodal Body: Comptroller and Auditor General of India (CAG) – constitutional authority under Article 148.
  • ›Target this Legal Point: Smart City Mission guidelines mandate spending within Area-Based Development (ABD) areas; violation found in Karnal.

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Q1Static LinkageEasy

The audit report discussed in the news was tabled in the Haryana Legislative Assembly. Under which Constitutional Article is the Comptroller and Auditor General of India (CAG) established?

Q2Statement-basedHard

Consider the following statements regarding the CAG audit report on Haryana:

1. The audit uncovered financial losses and revenue leakages exceeding ₹435 crore for the period ending March 2023.

2. The report highlighted that all State Public Sector Enterprises (SPSEs) in Haryana were profit-making.

3. The audit found violations of Smart City Mission guidelines in Karnal, where funds were spent outside the designated Area-Based Development (ABD) area.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the CAG report, what was the shortfall in revenue detected from test checks of 117 units related to sales tax/VAT, stamp duty, and registration fee in Haryana?

Q4Application/ImpactMedium

What is the primary significance of the CAG audit report being tabled in the Haryana Legislative Assembly?

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