• About us
  • Contact us
  • Our team
  • Terms of Service
Tuesday, July 15, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Govt seeks Par nod for extra spending of Rs 1.07 lakh cr; Rs 15K cr towards fertilizer subsidy

Press Trust of india by Press Trust of india
March 14, 2022
in BUSINESS
A A
0
LS adjourned for the day as oppn demands discussion on Delhi violence
FacebookTwitterWhatsapp

New Delhi:  The government on Monday sought Parliament nod for net additional spending of over Rs 1.07 lakh crore, including about Rs 15,000 crore towards fertilizer subsidy, in the third batch of supplementary demands for current fiscal year.

As per the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.

Related posts

IBC to end crony capitalism in India: Niti Aayog

Indian exports to US to be more competitive after tariff hike on China, other countries: Niti Aayog

July 15, 2025

I-T Dept cracks down on fraudulent claims of deductions, conducts searches across states

July 15, 2025

Of this, proposals involving net cash outgo aggregate to over Rs 1.07 lakh crore and gross additional expenditure, matched by savings of ministries/departments or by enhanced receipts aggregates to over Rs 50,946 crore.

For payment towards fertilizer subsidy, the government has sought additional fund to the tune of Rs 14,902 crore and Rs 13,049 crore for capital infusion in National Bank for Financing Infrastructure and Development. This also includes Rs 5,000 crore as grant in aid.

In addition, the government also sought Rs 5,000 crore for recapitalisation of public sector general insurance companies, according to the document.

There are four public sector general insurance companies– New India Assurance Company, National Insurance Company Ltd (NICL), United India Insurance Company Ltd (UIICL) and Oriental Insurance Company Ltd (OICL).

The government has also sought funds for recapitalisation of Regional Rural Banks, the third and final batch of supplementary demands for grants said.

In the Rajya Sabha, Minister of State For Finance Pankaj Chaudhary tabled the supplementary demands for grants, 2021-22, and also Budget 2022-23 for Union Territory of Jammu and Kashmir.

The total expenditure of the central government for 2021-22 is estimated at Rs 37.70 lakh crore (Revised Estimate), which is higher than the Budget Estimate of Rs 34.83 lakh crore.

For 2022-23, the total expenditure of the central government has been estimated at Rs 39.45 lakh crore in Budget 2022-23, representing an increase of 13.3 per cent and 4.6 per cent over Budget Estimate and Revised Estimate of 2021-22, respectively.

Previous Post

Microfinance lenders cannot charge usurious interest rate: RBI

Next Post

2020 Delhi riots: Court grants bail to Ishrat Jahan in larger conspiracy case

Press Trust of india

Press Trust of india

Next Post
Two ISIS operatives plead guilty before Delhi court

2020 Delhi riots: Court grants bail to Ishrat Jahan in larger conspiracy case

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ePaper

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2024 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2024 Kashmir Images - Designed by GITS.