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The Indian government has failed to maintain proper financial records and receipts for over ₹54?

checkthis · automated fact-check · How we check

No proof yet

Checked 6 Oct 2026 · Updated 7 Oct 2026

The CAG report correctly highlights over ₹54,000 crore in pending utilisation certificates and accounting errors.

Nobody reliable has confirmed this. Reel by @tathyaorigin

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@tathyaorigin

Experts point out that just because the paperwork is missing, it doesn't automatically mean the money was stolen or pocketed. However, it clearly shows that…

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What we checked

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The government's official auditor (CAG) found that there is no proper proof for how over 54,000 crore of public money was spent across different government departments.No reliable source found for this yet.
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The government is missing nearly 34,000 documents that act like "receipts" to prove the money was actually used for its intended purpose, like housing and education.No reliable source found for this yet.
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On top of the missing receipts, over 12,000 crore was written down in the wrong official account books, and another 9,000 crore wasn't moved to the right places on time.No reliable source found for this yet.

What each side says

the Indian governmentThe Finance Ministry spokesperson did not respond to queries regarding the CAG audit report. Mint

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