Business Standard

Monday, December 23, 2024 | 06:32 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Govt seeks nod from LS for additional spending of Rs 58,378 cr this fiscal

The first batch of supplementary demands for grants for 2023-24 fiscal was tabled in the lower house of the parliament by Minister of State for Finance Pankaj Chaudhary

Lok Sabha

Lok Sabha

Press Trust of India New Delhi

Listen to This Article

The government on Wednesday sought Lok Sabha nod for a net additional spending of Rs 58,378 crore in the current fiscal.

The first batch of supplementary demands for grants for 2023-24 fiscal was tabled in the lower house of the parliament by Minister of State for Finance Pankaj Chaudhary.

The supplementary demands for grants include gross additional spending of over Rs 1.29 lakh crore, which would be matched by savings of Rs 70,968 crore.

The proposal involves the net cash outgo aggregating to Rs 58,378.21 crore, said the document tabled in Lok Sabha.

The additional spending includes an expenditure of Rs 13,351 crore towards fertiliser subsidy.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 06 2023 | 2:17 PM IST

Explore News