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Government seeks nod to spend Rs.14,787 cr more in FY17

Government seeks nod to spend Rs.14,787 cr more in FY17

Saturday, March 18, 2017, 10:23 AM

The government on Friday sought Parliament’s approval for gross additional expenditure of R11.35 lakh crore for FY17; given the savings by ministries and enhanced receipts, the net cash outgo would be only R14,787 crore.The additional spending for which Parliament’s approval has now been sought would be panned out across food, telecom, defence and MSME sectors.
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