
Govt seeks Lok Sabha nod for net additional spending of ₹78,673 crore this fiscal
The Hindu
The Indian government requests Lok Sabha's approval for additional spending of ₹78,673 crore in the current fiscal year.
The government on Monday sought Lok Sabha's approval for a net additional spending of ₹78,673 crore in the current financial year.
The second batch of supplementary demands for grants for 2023-24 fiscal was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman.
The supplementary demands for grants includes a gross additional spending of over ₹2 lakh crore, which would be matched by savings of over ₹1.21 lakh crore.
The proposal involves net cash outgo aggregating to ₹78,672.92 crore, said the document tabled in the Lok Sabha.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












