Govt Seeks Rs 44,143 Cr Extra Spending in FY25
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.
Illustration: Dominic Xavier/Rediff.com
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.
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