Govt seeks Rs 13k cr extra in first supplementary

Net cash outgo to be Rs 500 crore as rest to be met from savings

The Union government sought Parliament’s nod on Monday to spend an additional Rs 12,529 crore this year, mainly for fertiliser subsidy and payments to multilateral institutions.

In the first batch of supplementary demands for grants, introduced in the Lok Sabha, it said the net cash outgo would be only Rs 500.7 crore.

The rest would be matched by savings and enhanced receipts.

Of the total supplementary amount sought on Monday, as much as Rs 10,891 crore was towards non-Plan expenditure.

The additional outlay for expenditure on indigenous urea has been pegged at Rs 5,000 crore, followed by Rs 4,187 crore for payment to the International Monetary Fund (IMF) and African Development Bank, and Rs 2,057 crore for loans to the IMF under the New Arrangement to Borrow facility.

Another Rs 2,100 crore will go for the Swachh Bharat Mission.

Other major expenses include Rs 3,000 crore to the defence ministry on the canteen stores' department and a loan of Rs 673 crore to National Bank for Agriculture and Rural Development.

The supplementary provided Rs 500 crore as additional expenditure towards maintenance of national fighways, and Rs 512 crore for providing equity to metro rail projects in Bengaluru, Kochi, and Nagpur.

Finance Minister Arun Jaitley had earlier said the first tranche of Central Sales Tax compensation to states might be taken up in this session. It is learnt the provision for this might be made in a second supplementary.

In Budget 2014-15, the government had estimated its expenditure this year at Rs 17.9 lakh crore, an increase of 12.8 per cent over last year’s revised estimate.

The fiscal deficit had touched 89.6 per cent of the Budget Estimate by October-end, at Rs 4.75 lakh crore.