The government on Monday sought Parliament‘s approval for an additional net spending of ₹1.48 lakh crore in 2022-23, as part of the second and final batch of supplementary demands for grants.
While the additional gross spending for FY23 is estimated at over ₹2.70 lakh crore, as much as ₹1.22 lakh crore of this will be met through savings or enhanced receipts of ministries and departments.
The latest expenditure plans came on top of the first batch of supplementary demands for grants for FY23, which was presented in December and entailed a net cash outgo of ₹3.26 lakh crore.
The supplementary demands include 73 grants and three appropriations. They were tabled in the Lok Sabha by the MoS for finance, Pankaj Chaudhary.
