House nod hunted for Rs 3.74 lakh crore further spend

Finance minister Nirmala Sitharaman on Friday sought Parliamentary clearance for a further spending of Rs 3,73,761 crore, putting the second batch of supplementary calls for for grants for the present fiscal. This includes a higher-than-expected internet money outgo of Rs 2,99,243 crore; the remaining could be met by means of financial savings or enhanced receipts of varied ministries and departments.
More than 80 per cent of the additional internet money outgo underneath the second batch of supplementary calls for pertains to 5 items- fairness infusion into Air India Assets Holding Ltd (Rs 62,057 crore), further subsidy for fertiliser (Rs 58,430 crore) and meals (Rs 49,805 crore), clearance of previous dues owed to exporters (Rs 53,123 crore) and better allocation for the nationwide rural job scheme (Rs 22,039 crore).
The calls for embrace a complete of 69 grants and two appropriations.
In July, too, Sitharaman had sought House nod for added expenditure of Rs 1.87 lakh crore, as a part of the primary batch of supplementary calls for for grants for FY22. It concerned a internet further money outgo of Rs 23,675 crore. FE