Wednesday, May 29, 2024
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The government sought Parliamentary permission on Friday for an additional Rs 4.4 lakh crore in spending, with a new cash outlay of little less than Rs 3.3 lakh crore, primarily for fertilizer, food, and petrol subsidies. The rural development ministry is one of the ministries whose allocation will be increased by more than Rs 45,000 crore, with an additional Rs 16,400 crore suggested for providing additional funding for MGNREGA and another Rs 28,775 crore under other areas.

The cost of the Ukrainian war is having an effect on the Centre’s budget, as the subsidy bill has risen dramatically.

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