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HomeBusinessCentre Seeks Parliament's Nod For Additional Rs 3.73L cr Funds In FY22

Centre Seeks Parliament’s Nod For Additional Rs 3.73L cr Funds In FY22

The Centre on Friday tabled its second batch of supplementary demands for grants in the Parliament, seeking additional Rs 3.73 lakh crore funds for FY22.

The second batch of FY22 ‘Supplementary Demands for Grants’ includes 69 grants and two appropriations.

“Approval of the Parliament is sought to authorize the gross additional expenditure of Rs 3,73,761 crore,” the ‘Supplementary Demands for Grants’ document tabled in the Parliament read.

“Of this, the proposals involving net cash outgo aggregate to Rs 2,99,243.04 crore and gross additional expenditure, matched by savings of the ministries or departments or by enhanced receipts or recoveries aggregates to Rs 74,517.01 crore,” it said.

As per the official document, the Ministry of Chemicals and Fertilisers would be given Rs 58,530 crore.

Besides, Rs 62,057 crore would be given to the Ministry of Civil Aviation for equity infusion in Air India Assets Holding Limited for repayment of past dues and liabilities.

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