The audit watchdog said the practice of retaining large sums outside the treasury system was not financially prudent as it distorted the fiscal deficit position and resulted in additional government borrowings Mumbai: Maharashtra government had left nearly Rs 20,993.06 crore in treasury-approved Virtual Personal Deposit Accounts (VPDAs) unutilised even after the end of the financial year, observed the the Comptroller and Auditor General (CAG) report, terming it a bad practice.VPDA is a...