fbpx
  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

Coronavirus: India Reports 14,506 New Covid Cases

India logged 14,506 new coronavirus cases in the last 24 hours, taking the total number of COVID-19 cases to 4,34,33,345. According to the Union...

Russian Prez Is Getting ‘Exactly What He Didn’t Want’: US Prez

US President Joe Biden on Wednesday said Russian President Vladimir Putin is getting ‘exactly what he didn’t want’ the NATO-nation of Europe, the media...

28% GST On Casinos, Online Gaming, Horse Racing And Lottery Has Been Deferred: FM

The two-day GST council meeting, headed by Union Finance Minister Nirmala Sitharaman, in Chandigarh concluded on Wednesday. After the meeting, FM Sitharaman announced that...

RELATED NEWS

Akash Ambani Is The New Chairman of Reliance Jio

Mukesh Ambani’s son, Akash Ambani, was named chairman of the board at Reliance Jio on Tuesday, signaling a transition in leadership for one of...

G7 Agrees To Explore Imposing A Ban On Transporting Russian Oil

The Group of Seven economic powers has agreed to explore imposing a ban on transporting Russian oil that has been sold above a certain...

Sensex Rises 433 Points, Nifty Settles At 15,832

The Benchmark indices ended higher for the third straight session on June 27 with Nifty above 15800 amid buying across the sectors. At close, the...