Centre seeks Parliament nod for additional spend of ₹11,166 crore

K.R. Srivats
Finance Minister Arun Jaitley arriving at Parliament on Wednesday PTI
PTI Finance Minister Arun Jaitley arriving at Parliament on Wednesday PTI

Jaitley tables first batch of Supplementary Demand for Grants

The Centre on Wednesday sought Parliamentary nod for additional spend of ₹11,166 crore, including cash spend of ₹10,648 crore.

This was reflected in the first batch of Supplementary Demand for grants for 2017-18 tabled in the Lok Sabha by Finance Minister Arun Jaitley.

Of the additional spend of ₹11,166 crore, as much as ₹7,000 crore will go to the Ministry of Petroleum and Natural Gas toward additional grants-in-aid for payment of differential royalty to State governments.

The Centre also proposes to spend ₹1,800 crore towards budgetary support to the units in the States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North-Eastern States including Sikkim under Goods & Services Tax (GST) regime.

The Centre is also looking to spend about ₹387 crore on activities related to Goods and Services Tax.

Of this ₹387 crore, as much as ₹250 crore would be used for effective publicity for GST awareness; ₹99 crore for DG systems for payment of advance user charges of GST Network. Also, an amount of ₹37 crore would be spent for the accounting portal for GST.

The other cash spends include ₹500 crore for providing grants-in-aid general for procurement of pulses under the price stabilisation fund scheme.

BHIM app

The Centre also plans to undertake spend of ₹50 crore for promotion of digital payment through BHIM. About ₹50 crore is proposed to be spent toward Pradhan Mantri Gramin Digital Saksharta Abhiyan.

Srivats.kr@thehindu.co.in

(This article was published on July 26, 2017)

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