HomeNewsBusinessWire NewsGovt moves 2nd batch of supplementary demands for grants, Air India disinvestment

Govt moves 2nd batch of supplementary demands for grants, Air India disinvestment

Finance Minister Arun Jaitley moved the second batch of Supplementary Demands for Grants for 2017-18 in Lok Sabha.

December 19, 2017 / 11:20 IST
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The Government today sought Parliament approval for additional expenditure of Rs 66,113 crore, including funds to rollout schemes to provide electricity connections to poor and payment of urea subsidies.

The gross additional spending also includes Rs 10 lakh for setting up a special purpose vehicle, as part of the Air India disinvestment plan.

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Finance Minister Arun Jaitley moved the second batch of Supplementary Demands for Grants for 2017-18 in Lok Sabha.

Major spending heads include Rs 1,033.8 crore towards grants for the creation of capital assets, subsidies and other charges for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya).