Government seeks parliament nod for $5.2 billion net extra spending in 2017/18: statement

Mon Dec 18 2017
Lucy Harlow (4127 articles)
Government seeks parliament nod for $5.2 billion net extra spending in 2017/18: statement

NEW DELHI (Reuters) – The Indian government on Monday sought parliament’s approval to spend a net additional 333.8 billion rupees ($ 5.21 billion) in new spending in the fiscal year to March 2018, a finance ministry statement said.

The additional spending will be on top of an approved spending of $ 334.9 billion in the annual budget, the statement tabled in the lower house of parliament said.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe