labels: economy - general
Supplementary demands for grants introduced news
Our Economy Bureau
16 March 2005

New Delhi: The second and final batch of supplementary demands for grants for the current fiscal involving a net cash outgo amounting to Rs8,072.74 crore was introduced in the Lok Sabha on Tuesday by S.S. Palanimanickam, minister of state for finance.

Out of 69 grants and four appropriations involving authorisation of additional expenditure of the order of Rs1,69,269.77 crore, the proposals involving net cash outgo aggregate to Rs8,072.74 crore, while gross additional expenditure matched by savings of the ministries / departments or by enhanced receipts / recoveries aggregate to Rs1,61,196.40 crore. While demands under plan component amount to Rs520.74 crore, the demands for non-plan head amount to Rs7,552 crore in the net cash outgo.

Of the Rs8,072.74 crore net cash outgo, the lion's share of Rs1,937.76 crore under non-plan expenditure is for providing compensation to Bharat Sanchar Nigam Ltd (BSNL) for rural telephony (Rs1,994.85 crore). This is followed by demand for Rs1,970.73 crore by the department of fertilisers for subsidy to fertiliser industries and another Rs996.36 crore for payment of subsidy on indigenous decontrolled fertilisers and imported fertilisers.


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Supplementary demands for grants introduced