On Monday, as the Budget session of Parliament resumed, Finance Minister Nirmala Sitharaman sought Parliament approval for additional gross spending of ₹2.7 trillion in FY23 (which ends on March 31). While net cash outgo is pegged at ₹1.48 trillion, the rest will be matched by savings or enhanced receipts, the finance ministry said.
In December last year, the finance ministry got parliamentary approval to spend an additional ₹3.26 trillion (net cash outgo) under the first tranche of supplementary demands for grants for FY23.
This story is from the March 14, 2023 edition of Business Standard.
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This story is from the March 14, 2023 edition of Business Standard.
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