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winter session: Govt seeks Lok Sabha nod for over Rs 1.29 lakh crore additional spending for FY24

Indias government has requested approval for an additional spending of Rs 1.29 lakh crore for FY24, matched by savings of Rs 70,968 crore. The additional spending includes a Rs 13,351 crore fertiliser subsidy. Despite the additional outgo, the government expects to meet its FY24 fiscal deficit target of 5.9% of GDP.
Pankaj Chaudhary Lok Sabha Union Minister Finance Pankaj Chaudhary Winter Session Govt Spending

budget: Centre seeks house approval for extra net spending of Rs 58,378 cr

The demands involve gross additional spending of more than โ‚น1.29 lakh crore in this fiscal, a significant chunk of which, โ‚น70,968 crore, will be met through savings or enhanced receipts of various ministries and departments, according to the papers tabled in both houses of Parliament.
New Delhi Pankaj Chaudhary Aditi Nayar Lok Sabha National Rural Employment Guarantee Scheme Redemption Fund

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BBCNEWS BBC News at One October 28, 2021 12:13:00

It is interesting because although the chancellor was at pains to say at the end of the budget yesterday that yes, he wanted to eventually bring taxes down, the big message off that budget was that he is going to keep spending money and a lot of it. it was a spending budget. and there is a political calculation in that. the government has made some big promises at the last general election and it knows it might only have a couple of years left to deliver them. that๏ฟฝ*s why rishi sunak and the p...
Spending Budget Rishi Sunak Prime Minister Extra Spending Buta Big Portion Pandemic Big Question

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