NEW DELHI: The Comptroller and Auditor General (CAG) has faulted the government's calculation on subsidy expenditure and claimed in its comments on the Union accounts for 2014-15 that the NDA government's subsidy bill in its first year was understated by Rs 44,941 crore. This understated figure, if accounted for, would push the overall subsidy bill by at least 0.36% of GDP which would result in actual revenue deficit going up from the stated 2.92% of GDP to 3.28% and fiscal deficit going up from 4.11% to 4.47%.It also debunks claims made by the government on its commitment to fiscal consolidation and is in breach of what has been indicated in the medium-term fiscal policy statement for financial year 2014-15.In its report tabled in Parliament on Tuesday, the federal auditor said the subsidy figure for 2014-15 was understated as it did not account for a payment of Rs 27,759 crore (Rs 23,699 crore to FCI and Rs 4,060 crore to fertilizer and petroleum sector undertakings) during the financial year.While calculating the subsidy, the CAG has excluded the expenditure during the last quarter of the year assuming that the government received the bills late.Had these claims of three quarters been paid during the financial year, the total expenditure on subsidies would have been Rs 286,058 crore, or 2.28% of GDP as against 2.06% claimed by the government, the auditor said.The CAG further said, "If outstanding subsidy claims are considered in totality, including the past unpaid claims but excluding the fourth quarter claims amounting to Rs 44,941 crore submitted during 2014-15, then total subsidy expenditure would have been Rs 303,240 crore in 2014-15, which works out to 2.42% of GDP."Revenue deficit, which is less desirable since it leads to increase in borrowings without corresponding capital asset formation, has declined every year from Rs 394,918 crore in 2011-12 to Rs 357,303 crore in 2013-14 but increased to Rs 366,228 crore the next year. As a percentage of GDP, revenue deficit has declined from 4.47% in 2011-12 to 2.92% in 2014-15.But if the understated subsidy, as pointed out by the auditor, is added, the actual revenue deficit would stand at 3.28% of GDP, more than the level of 2013-14 which was 3.15%. Similarly, the calculation of fiscal deficit for 2014-15 would go up from the stated 4.11% to 4.47%.