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Supplementary demands tabled in Parliament

Finance Minister Arun Jaitley on Monday sought Parliament’s nod for additional spending of Rs 1.03 lakh crore, though the cash outgo will be only Rs 20,948 crore.

Supplementary demands tabled in Parliament
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Finance Minister Arun Jaitley

New Delhi

Through the Supplementary Demands for Grants for 201617 he presented in Lok Sabha, Jaitley sought Parliament’s approval for transfer of Rs 5,000 crore towards National Employment Guarantee Fund and Rs 1,000 crore for providing funds to Indian Strategic Petroleum Reserves for Sovereign Strategic Crude Oil Reserve at Vizag, Mangalore and Pudur. The government has also sought Rs 5,000 crore towards Mahatma Gandhi National Rural Employment Guarantee Scheme (MNGREGA). 

“Parliament approval is sought to authorise gross additional expenditure of Rs 1,03,013.74 crore. Of this, the proposals involving net cash outgo aggregate to Rs 20,948.26 crore and gross additional expenditure, matched by savings aggregates to Rs 82,064.8 crore,” the document said.

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