winter session: Govt seeks Lok Sabha nod for over Rs 1.29 lakh crore additional spending for FY24
India's 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.
Source: indiatimes.com