<p>New Delhi: The central government on Monday sought the Parliament’s approval to spend an additional Rs 51,462.86 crore in the current fiscal with a large chunk of it going for pension schemes and fertiliser subsidies.</p><p>This additional spending is a part of the second batch of supplementary demands for grants for the fiscal year 2024-25 tabled in the Parliament by Finance Minister Nirmala Sitharaman.</p><p>An additional expenditure of Rs 14,100 crore has been proposed for the Department of Fertilisers. This includes Rs 2,000 crore for meeting additional expenditure for urea subsidies and Rs 500 crore for Phosphatic and Potassic (P&K) fertilisers subsidies. The remaining amount will be transferred to the Oil Industry Development Fund (OIDF).</p><p>An additional Rs 2,185.63 crore has been sought for direct benefit transfer to farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).</p>.Rupee sinks 38 paise to 87.33 against US dollar; logs worst single-day fall in a month.<p>The other additional expenditures include Rs 13,449 crore sought for pensions of the government employees including, including for Unified Pension Scheme (UPS), which was announced in August last year. Rs 8,476 crore additional expenditure has been sought for defence pension and Rs 5,322 crore to the Department of Telecommunications.</p><p>Supplementary grants refer to additional amounts sought by the government during a financial year, over and above the amounts already approved in the budget. In the first batch of supplementary demands for grants for 2024-25, tabled in parliament in December, Prime Minister Narendra Modi government had sought lawmakers’ approval for additional expenditure of Rs 87,762.56 crore,</p><p>The second batch of supplementary demands for grants for 2024-25 includes 52 grants and 3 appropriations. The gross additional spending sought by the government is over Rs 6.78 lakh crore, of which Rs</p><p>6.27 lakh crore would be matched by enhanced receipts and savings.</p>
<p>New Delhi: The central government on Monday sought the Parliament’s approval to spend an additional Rs 51,462.86 crore in the current fiscal with a large chunk of it going for pension schemes and fertiliser subsidies.</p><p>This additional spending is a part of the second batch of supplementary demands for grants for the fiscal year 2024-25 tabled in the Parliament by Finance Minister Nirmala Sitharaman.</p><p>An additional expenditure of Rs 14,100 crore has been proposed for the Department of Fertilisers. This includes Rs 2,000 crore for meeting additional expenditure for urea subsidies and Rs 500 crore for Phosphatic and Potassic (P&K) fertilisers subsidies. The remaining amount will be transferred to the Oil Industry Development Fund (OIDF).</p><p>An additional Rs 2,185.63 crore has been sought for direct benefit transfer to farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).</p>.Rupee sinks 38 paise to 87.33 against US dollar; logs worst single-day fall in a month.<p>The other additional expenditures include Rs 13,449 crore sought for pensions of the government employees including, including for Unified Pension Scheme (UPS), which was announced in August last year. Rs 8,476 crore additional expenditure has been sought for defence pension and Rs 5,322 crore to the Department of Telecommunications.</p><p>Supplementary grants refer to additional amounts sought by the government during a financial year, over and above the amounts already approved in the budget. In the first batch of supplementary demands for grants for 2024-25, tabled in parliament in December, Prime Minister Narendra Modi government had sought lawmakers’ approval for additional expenditure of Rs 87,762.56 crore,</p><p>The second batch of supplementary demands for grants for 2024-25 includes 52 grants and 3 appropriations. The gross additional spending sought by the government is over Rs 6.78 lakh crore, of which Rs</p><p>6.27 lakh crore would be matched by enhanced receipts and savings.</p>