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Govt seeks House nod for additional cash spend of Rs 1.5L cr

The government on Monday sought authorisation from Parliament for additional spending of over Rs 2.7 lakh crore during the current financial year, involving net cash outgo of Rs 1,48,133 crore. A large chunk of the cash out is accounted for by higher allocation towards fertiliser subsidy, pension payments and other expenses of defence ministry and GST compensation payment to the states and Union Territories.

The government on Monday sought authorisation from Parliament for additional spending of over Rs 2.7 lakh crore during the current financial year, involving net cash outgo of Rs 1,48,133 crore. A large chunk of the cash out is accounted for by higher allocation towards fertiliser subsidy, pension payments and other expenses of defence ministry and GST compensation payment to the states and Union Territories. from Times of India https://ift.tt/zAWNqcU
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