Published On: Mon, Sep 14th, 2020

FM seeks Rs 2.35 lakh cr in additional budgetary spending for current fiscal year

New Delhi, Sep 14 (PTI) Finance Minister Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2,35,852.87 crore, including Rs 40,000 crore towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program.

Finance Minister Nirmala Sitharaman

“Approval of the Parliament is sought to authorise gross additional expenditure of Rs 2,35,852.87 crore.

“Of this, the proposals involving net cash outgo aggregate to Rs 1,66,983.91 crore and gross additional expenditure, matched by savings of the Ministries/Departments or by enhanced receipts/recoveries aggregates to Rs 68,868.33 crore,” said the first batch of Supplementary Demands for Grants for 2020-21.

The government has also sought Rs 46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant to the states as per recommendations for Fifteenth Finance Commission.

The first batch of Supplementary Demands for Grants for 2020-21 includes 54 Grants and 1 Appropriations.


Disclaimer :- This story has not been edited by The Sen Times staff and is auto-generated from news agency feeds. Source: PTI


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