Government Requests Additional Rs 44,143 Crore Spending Approval

The government seeks Parliament's approval for an additional Rs 44,143 crore expenditure in the current fiscal. This supplementary demand covers increased spending in agriculture, fertiliser, defence, and other ministries. Despite this, economists believe it won't affect the fiscal deficit target due to expected capital expenditure savings.

The government has approached Parliament to approve additional net spending of Rs 44,143 crore for the current fiscal year.

The supplementary request, presented by Minister of State for Finance Pankaj Chaudhary, highlights increased allocations for agriculture, fertilisers, and defence.

Economists remain unconcerned about fiscal deficit impacts, citing potential savings from capital expenditures.

(With inputs from agencies.)