Monday, December 08, 2025 | 06:41 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Govt seeks Parliament's nod for additional Rs 2.99 trn spending in FY22

The Indian government sought parliamentary approval for net additional spending of 2.99 trillion rupees ($39.87 billion) in the current financial year ending in March 2022.

Parliament

Reuters New Delhi

NEW DELHI (Reuters) - The Indian government sought parliamentary approval on Friday for net additional spending of 2.99 trillion rupees ($39.87 billion) in the current financial year ending in March 2022.

It is seeking approval for gross spending of 3.74 trillion rupees including a net cash outgo of 2.99 trillion with the balance arranged from savings, Pankaj Chaudhary, the junior finance minister, told the lower house in a statement.

The extra spending is in addition to the budgeted 34.83 trillion rupees ($464.43 billion) announced in February for the 2021/22 fiscal year, down from expenditure of 35.11 trillion in the previous fiscal year.

 

($1=74.9950 rupees)

 

(Reporting by Nigam Prusty and Manoj Kumar; Editing by Clarence Fernandez)

(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.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 03 2021 | 12:52 PM IST

Explore News