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The government on Friday sought Parliament’s nod to spend Rs 3.74 trillion extra but the hit on the exchequer will be Rs 2.99 trillion.
An extra expenditure of Rs 74,517.01 crore will be matched by equal savings on other heads, according to the second batch of supplementary demand for grants for the year, tabled in Parliament by Minister of State for Finance Pankaj Chaudhary.
The major portion of additional expenditure was needed for equity infusion into Air India Assets Holding Company (AIAHL), fertiliser subsidies, export incentives, food warehouses, and the rural job scheme. Additional expenditure on these five items constitutes 65 per
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