The government on Wednesday sought Parliament’s approval for supplementary grants worth Rs 11,166.18 crore for the current fiscal year FY18 to spend additional amounts on creating awareness on the goods and services tax (GST) and payment of differential royalty state governments by the petroleum and natural gas ministry.
However, the exchequer will get a hit of Rs 10,647.45 crore; Rs 517.72 will be matched with savings on other accounts.
Finance Minister Arun Jaitley presented the supplementary demand for grants for FY18 as well as the demands for excess grants in the Lok Sabha for 2014-15.