 "Govt seeks Lok Sabha nod for ₹41,455 crore extra expenditure in FY26")
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The government on Monday sought Parliament's nod for net additional spending of ₹41,455 crore in the current fiscal, which includes over ₹18,000 crore expenditure towards fertiliser subsidy.
Finance Minister Nirmala Sitharaman tabled the first batch of Supplementary Demands for Grants for 2025-26 in the Lok Sabha.
It seeks Parliament's approval for a gross additional expenditure of ₹1.32 trillion. This includes proposals with a net cash outgo of ₹41,455.39 crore and gross additional expenditure, matched by savings of the Ministries/Departments of ₹90,812 crore.
As per the Supplementary, approval of Parliament is being sought for spending ₹18,525 crore on fertiliser and related subsidies, and about ₹9,500 crore by the Petroleum Ministry to compensate oil marketing companies for under-recoveries.
(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.)
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