Govt seeks Parl nod to spend Rs 44,143 crore more in current fiscal

New Delhi: The government on Thursday sought Parliament’s nod for additional net expenditure of Rs 44,143 crore in FY25, mainly on account of higher spending by agriculture, fertiliser and defence ministries.

The first batch of Supplementary Demands for Grants for 2024-25 was tabled in the Lok Sabha by MoS Finance Pankaj Chaudhary to seek Parliament’s nod to authorise gross additional expenditure of Rs 87,762.56 crore.

Of this, proposals involving net cash outgo aggregate to Rs 44,142.87 crore and gross additional expenditure, matched by savings of the Ministries/ Departments or enhanced receipts/recoveries, aggregates to Rs 43,618.43 crore.

The additional spending includes Rs 6,593.73 crore towards the fertiliser subsidy scheme, about Rs 9,000 crore for agriculture and farmer welfare, and Rs 8,000 crore towards defence spendings.

It also includes expenditure of Rs 3,000 crore towards expenditure by the MEA and Rs 4,800 crore towards expenditure by Home Ministry.