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FinMin calls for budget boost proposals
The Business Guardian
|January 02, 2024
The finance ministry has called for expenditure proposals for the second and final batch of Supplementary Demands for Grants from various ministries and departments ahead of the upcoming Budget session, expected to begin in the last week of January.
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This session is anticipated to be the final one for the 17th Lok Sabha before the general elections. The government is likely to seek expenditure approvals from Parliament for the four months leading up to July 2024 through a vote on account. The second batch of Supplementary Demands for Grants for 2023-24 is set to be presented during the forthcoming Budget session, according to an office memorandum from the finance ministry.
This session assumes significance as it marks the last one before the general elections, and the government is expected to secure expenditure approvals for the period up to July 2024 through a vote on account. The finance ministry has requested expenditure proposals for the second and final batch of Supplementary Demands for Grants from various ministries and departments, with a view to presenting them during the upcoming Budget session, which is likely to commence in the last week of January.
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