Government seeks Parliament nod for additional expenditure of Rs 59,978 crore

08 Dec 2016 Evaluate

The government has sought the Parliament’s approval for gross additional expenditure of Rs 59,978.29 crore, including a net cash outgo of Rs 35,171.92 crore and the rest matched by savings of ministries or by enhanced receipts or recoveries aggregating to Rs 24,805.34 crore, as part of the second batch of supplementary demand for grants for the fiscal 2016-17. Though, the document was silent on whether this additional spend would affect the Centre's fiscal deficit position or not.

As per the demand Rs 3,096.28 crore has been sought for transfer of Krishi Kalyan Cess to Krishi Kalyan Kosh and meeting additional requirement towards general component, special component of Schedule Cast and Tribal Sub-Plan under Pradhan Mantri Fasal Bima Yojna of the Ministry of Agriculture and Farmers Welfare. The Demands for Grants also include Rs 861.65 crore for equity investment in Air India and carrying out accounting adjustments for conversion of loan outstanding against Pawan Hans Helicopters Limited into equity.

The government has sought approval to provide an additional Rs 4,000 crore to the flagship rural jobs scheme under Mahatma Gandhi National Rural Employment Gurantee Act (MGNREGA). Further, it include Rs 2,500 crore for Ministry of Drinking Water and Sanitation and Rs 210 crore for implementation of GST and project Saksham. The expenditure also includes clearing pending claims for maintenance of Prime Minister's aircraft (Rs 193 crore), Cyber Security Research and Development Scheme of National Security Council Secretariat (Rs 50 crore) and Grants-in-General to National Authority Chemical Weapons Convention Help Desks (Rs 1.01 crore). As per the document, Rs 550 crore has been sought for meeting expenditure under grants-in- aid towards security related expenditure of Jammu and Kashmir.

Finance Minister Arun Jaitley while presenting the supplementary demand also sought approval of the House for Rs 1,000 crore for meeting additional expenditure of Coast Guard Organisation towards acquisition of ships, aricraft and fleet, and land acquisition. He also sought token provisions for enabling re-appropriation of savings in cases invloving new service or new instrument of service.

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