Government seeks Parliament nod for net additional Rs 23,675 || Hybiz tv

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The Centre has sought Parliament’s approval for additional gross spending worth Rs 1.87 lakh crore in FY 2021-22. In its first batch of supplementary demands for grants for FY22, which includes 47 grants and 1 appropriation, the Centre has sought approval of the Parliament to authorise gross additional expenditure of Rs 1,87,202.41 crore.Of the entire amount, the government has sought Rs 1.5 lakh crore for providing loans to states through issue of debt under special window over the GST compensation shortfall.”Of this, the proposals involving net cash outgo aggregate to Rs 23,674.81 crore and gross additional expenditure, matched by savings of the ministries/departments or by enhanced receipts/recoveries aggregates to Rs 1,63,526.88 crore. Besides, token provision of Rs 72 lakh is being sought, one lakh for each item of expenditure, for enabling re-appropriation of savings in cases involving New Service or new instrument of service,” the note said.
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