Previous   Next
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.

More News

Uttarakhand Polls: Former CM Trivendra Singh Rawat Unwilling to Contest Upcoming Polls

BJP leader and former Uttarakhand Chief Minister Trivendra Singh Rawat have announced that he is not willing to contest in the upcoming assembly election...

Smriti Mandhana Named In ICC Women’s T20I Team of The Year

India opener Smriti Mandhana on Wednesday was named in ICC Women’s T20I team of the year for 2021. The team of the year announcements...

Australian Open: Sania, Bopanna Lose In Women’s And Men’s Doubles Opener

Veteran Indian players Sania Mirza and Rohan Bopanna were eliminated in the opening round of the women's doubles and men's doubles, respectively, at the...


Digital Payments Adoption Accelerating: RBI-Digital Payments Index

There has been a significant growth in adoption as well as deepening of digital payments across the country, showed the Reserve Bank of India...

Union Cabinet Sanctions Rs 973 Crore To SBI For Compensation Payment To Borrowers

The government on Wednesday approved sanction of ₹ 973.74 crore to the State Bank of India (SBI) as reimbursement related to the loan moratorium...

Sensex Dives 656 Points, Nifty Ends Below 18,000

Benchmark indices continued the selling on the second consecutive day on January 19 with Nifty below 18,000. At close, the Sensex was down 656.04 points...