Govt Seeks Rs 44,143 Cr Extra Spending in FY25
By Rediff Money Desk, New Delhi Dec 12, 2024 14:29
The Indian government has requested Parliament's approval for an additional Rs 44,143 crore in spending for the current fiscal year. The Supplementary Demands for Grants include funds for the fertilizer subsidy scheme.
New Delhi, Dec 12 (PTI) The government on Thursday sought Parliament's nod for additional net cash spending of Rs 44,143 crore in the current fiscal.
The first batch of Supplementary Demands for Grants for 2024-25 was tabled in the Lok Sabha by Minister of State for Finance Pankaj Chaudhary to seek approval of Parliament to authorise gross additional expenditure of Rs 87,762.56 crore.
Of this, the proposals involving net cash outgo aggregate to Rs 44,142.87 crore and gross additional expenditure, matched by savings of the Ministries/ Departments or enhanced receipts/recoveries, aggregates to Rs 43,618.43 crore.
This includes approval for spending Rs 6,593.73 crore towards the fertiliser subsidy scheme.
The first batch of Supplementary Demands for Grants for 2024-25 was tabled in the Lok Sabha by Minister of State for Finance Pankaj Chaudhary to seek approval of Parliament to authorise gross additional expenditure of Rs 87,762.56 crore.
Of this, the proposals involving net cash outgo aggregate to Rs 44,142.87 crore and gross additional expenditure, matched by savings of the Ministries/ Departments or enhanced receipts/recoveries, aggregates to Rs 43,618.43 crore.
This includes approval for spending Rs 6,593.73 crore towards the fertiliser subsidy scheme.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.75 ( -2.27)
- 42067941
- Srestha Finvest
- 0.73 ( -1.35)
- 41047081
- G G Engineering
- 1.36 ( 0.00)
- 21064560
- AvanceTechnologies
- 0.80 ( -2.44)
- 17877416
- Guj. Toolroom Lt
- 14.71 ( -4.97)
- 17467253
MORE NEWS
Nepal to Consider Dairy Imports from India
Nepal agrees to explore importing whey and cheese from India, addressing concerns...
Air India to Offer First Class on A350-1000 Planes
Air India will introduce first class seats on its new A350-1000 planes, aiming to...
Air India Ups Premium Seats, Targets Connecting...
Air India is expanding premium seating and optimizing flight schedules to boost...