Govt seeks Lok Sabha nod for net additional spending of ₹78,673 crore this fiscal

2 months ago 94

File picture of proceedings of the Lok Sabha

File picture of proceedings of the Lok Sabha | Photo Credit: ANI

The government on Monday sought Lok Sabha's approval for a net additional spending of ₹78,673 crore in the current financial year.

The second batch of supplementary demands for grants for 2023-24 fiscal was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman.

The supplementary demands for grants includes a gross additional spending of over ₹2 lakh crore, which would be matched by savings of over ₹1.21 lakh crore.

The proposal involves net cash outgo aggregating to ₹78,672.92 crore, said the document tabled in the Lok Sabha.

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