CAG flags financial loss of Rs 2,604 crore to Railways on interest payments, GST recovery, more

The CAG reported financial losses of Rs 2604.40 crore to Indian Railways, citing issues like non-recovery of loans, missed shunting charges, and GST non-compliance. Other flagged areas included unproductive expenditures and irregular contract awards. The CAG suggested changes to curtail these losses and advised responsibility fixing to prevent future lapses.