![]() Financial Daily from THE HINDU group of publications Friday, Mar 07, 2003 |
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Industry & Economy
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Budget Supplementary demands placed in LS Our Bureau
NEW DELHI, March 6 THE third and final batch of supplementary demands for grants for the current fiscal involving a net cash outgo of Rs 5,495.12 crore was placed in the Lok Sabha on Thursday by the Minister of State for Finance, Mr Anandrao Adsul. The final batch of supplementary demands for grants includes 58 grants and four appropriations, seeking the approval of Parliament to authorise gross additional expenditure of Rs 64,751.92 crore. Of this, the proposals involving net cash outgo total Rs 5,495.12 crore and gross additional expenditure, matched by savings of the concerned Ministries/ Departments or by enhanced receipts/ recoveries aggregate to Rs 59,256.21 crore. Besides, token provision of Rs 59 lakh is being sought, Rs 1 lakh for each item of expenditure for enabling re-appropriation of savings in cases involving new service or new instrument of service. Out of net cash outgo of Rs 5,495.12 crore sought, Rs 4,143.48 crore is from non-Plan and Rs 1351.64 crore from Plan expenditure.
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