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Rs 53cr 15th FC grant for rural governance

Bhubaneswar: The Union government has released over RS 1,536 crore as 15th Finance Commission (XV-FC) grants to strengthen Panchayati Raj Institutions (PRIs) across eight states, with Odisha receiving Rs 53.13 crore aimed at improving rural governance and essential services. According to the Ministry of Panchayati...

CAG: 7 SPSEs incurred Rs 794.98cr loss in FY23

Bhubaneswar: Seven state public sector enterprises (SPSEs) incurred a loss of Rs 794.98 crore during FY 2022–23, up from Rs 453.11 crore in FY 2021–22, the Comptroller and Auditor General of India (CAG) said Tuesday. The CAG audited the financial performance of the SPSEs for...

 

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