Try GOLD - Free
Govt seeks House nod for ₹51,400 cr extra spending
Mint Chennai
|March 11, 2025
The amount will mainly be used for fertilizer, food and cooking gas subsidy, defence pension
Finance minister Nirmala Sitharaman on Monday sought Parliament's approval for a net additional spending of ₹51,463 crore in FY25 to meet funding requirements of mainly fertilizer, food and cooking gas subsidy and defence pension.
The government also sought House approval for an extra ₹6.27 trillion spending mainly for repayment of debt, which does not involve additional cash outgo as it is met through savings and additional revenue receipts, showed the second supplementary demands for grants tabled in Parliament.
The document shows that only about 8% of the gross additional spending for which House approval is sought entails extra cash outgo.
Of this, ₹14,100 crore will go to the fertilizer subsidy, ₹18,400 crore for defence pensions, ₹13,400 crore to other pension requirements, ₹5,300 crore to the telecom sector and over ₹2,100 crore to the farm sector.
The petroleum sector will get an additional ₹1,000 crore, including for cooking gas subsidy for poor households.
This story is from the March 11, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Roll back quality control orders on inputs to spur manufacturing
Such QCOs hold back the competitiveness of manufacturers and ending them could catapult our factory sector to a new orbit
4 mins
November 18, 2025
Mint Chennai
'Many blitzscaling startups don't transition to discipline'
overthe last decade havescaled much more than anyone anticipated.
1 mins
November 18, 2025
Mint Chennai
'GST reforms to boost urban demand'
Homegrown fast-moving consumer goods (FMCG) major Marico Ltd expects India’s urban demand, especially in categories such as packaged foods, to perk up in the coming quarters aided by tailwinds from the recently-cut goods and services tax rates.
2 mins
November 18, 2025
Mint Chennai
China, India throw oil a lifeline as global glut looms
Global oil markets may be dominated by concerns about a glut, but producers have found some support in buying from China and India, spurred by awave of US sanctions on Russian energy.
1 mins
November 18, 2025
Mint Chennai
Apple boosts R&D on iPhone materials, says design chief
Creating proprietary materials took precedence over supply chain costs, says Richard Dinh
3 mins
November 18, 2025
Mint Chennai
Govt seeks time in SC on Sahara, Adani land sale petition
The Union government has sought more time to file its response to a plea by financially-stressed Sahara India Commercial Corporation Ltd (SICCL), which is seeking the Supreme Court’s nod to sell 88 properties, including Aamby Valley in Maharashtra and Sahara Shaher in Lucknow, to Adani Properties Pvt. Ltd in a ₹12,000-crore deal, and pay off its debts.
1 min
November 18, 2025
Mint Chennai
Welspun to sell majority in clean energy firm, hires EY
Company targets equity value of $100 million for stake in Welspun New Energy
2 mins
November 18, 2025
Mint Chennai
Infosys rolls out Al-first GCC model
T major Infosys on Monday introduced an AI-first model aimed at speeding up the establishment and transformation of global capability centres into AI-driven hubs that promote innovation and growth.
1 min
November 18, 2025
Mint Chennai
Trump's bets on China and Argentina are souring fast
When it comes to US foreign economic polic policy, President Donald Trump’s administration has two problems on its hands.
3 mins
November 18, 2025
Mint Chennai
Rural demand drives FMCG growth in September quarter
India’s fast-moving consumer goods (FMCG) sector reported a 5.4% rise in September-quarter volumes, which moderated sequentially on account of disruptions related to the transition to new goods and services tax rates, while the value of sales jumped 12.9%, according to data released by consumer intelligence platform NielsenIQ.
1 mins
November 18, 2025
Listen
Translate
Change font size