Center seeks Parliament’s approval for additional expenditure of Rs 1.29 lakh crore
New Delhi: The central government on Wednesday sought Lok Sabha approval for additional expenditure of Rs 1.29 lakh crore during the current financial year to meet the increased expenditure required for higher subsidies given to farmers and rural job creation. Program.
The government said the net additional expenditure in the supplementary demand for grants would be Rs 58,378 crore as it plans to finance the remaining amount by reshuffling expenditure.
The total fertilizer subsidy for the current financial year will increase by about 8 per cent to Rs 1.88 lakh crore, while the Minimum Wage Rural Employment Scheme will increase by Rs 74,524 crore.
The government has sought an additional Rs 5,500 crore for food subsidy, in addition to the Rs 1.97 lakh crore allocated in the Budget this year.
