CAG seeks uniform classification for recording expenses

New Delhi: The CAG has asked the Centre and all the states to start using standard categories for recording government spending, to make accounting and auditing uniform across the country, latest by fiscal year 2027-28. The CAG advisory seeks to do away with the wide variation among states in the operation of expenditure heads at the disaggregated level. The matter had been engaging the attention of multiple stakeholders and was impacting inter-temporal and inter-state comparison as well as those with the Union Government, Jayant Sinha, Deputy CAG (Government Accounts) and Chairperson (GASAB) has said.