India seeks nod to up net spending by net 352 billion rupees

Image
Reuters NEW DELHI
Last Updated : Dec 07 2016 | 12:42 PM IST

NEW DELHI (Reuters) - Finance Minister Arun Jaitley sought parliamentary approval on Wednesday to increase net spending by 351.7 billion rupees ($5.18 billion) in the current fiscal year that ends in March 2017.

It was the third supplementary demand for grants laid before the Lok Sabha. In August, lawmakers had approved $3.09 billion in additional spending for the current fiscal year.

($1 = 67.8849 rupees)

(Reporting by Manoj Kumar; Writing by Douglas Busvine)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

More From This Section

First Published: Dec 07 2016 | 12:24 PM IST

Next Story