Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 01, 2016

Government Seeks Approval For Rs 1 Lakh Crore Extra Spending

The government on Monday sought parliament's approval to spend an extra Rs 1.03 lakh crore ($15.43 billion) in the fiscal year ending in March 2017.

Government Seeks Approval For Rs 1 Lakh Crore Extra Spending
The additional expenditure includes Rs 5,000 crore for a rural jobs programme.
New Delhi: The government on Monday sought parliament's approval to spend an extra Rs 1.03 lakh crore ($15.43 billion) in the fiscal year ending in March 2017.

In a supplementary demand for grants laid before parliament by the finance ministry, the government said net cash outgo would be Rs 20,948 crore.

The additional expenditure includes Rs 5,000 crore for a rural jobs programme, about Rs 4,200 crore for road construction and Rs 2,000 crore for disaster management.

($1 = 66.7425 Indian rupees)
© Thomson Reuters 2016

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source