Bihar witnessing high growth amid rising fiscal stress: CAG report

Bihar is experiencing significant economic growth despite rising fiscal stress, according to a recent Comptroller and Auditor General (CAG) report. The state's revenue collection has improved, yet it struggles with high fiscal deficits and debt burdens. Bihar's fiscal management challenges are reflected in its increasing debt-to-GDP ratio and reliance on central transfers. The report highlights the need for better financial management practices and structural reforms to sustain economic growth while addressing fiscal imbalances.