The government has sought approval from Parliament to spend an additional ₹51,462.86 crore in the remaining months of the current financial year.
This request is part of the second batch of Supplementary Demands for Grants presented by Finance Minister Nirmala Sitharaman in the Lok Sabha.
The additional funds will primarily be directed towards pension payments and fertiliser subsidies.
A significant portion of this additional expenditure will be covered by savings and receipts, reducing the net fiscal burden.
While the total gross additional spending stands at ₹6.78 lakh crore, approximately ₹6.27 lakh crore of this amount is expected to be balanced through budgetary adjustments.
Among the key allocations, ₹12,000 crore has been set aside for fertiliser subsidies to ensure continued support for the agricultural sector.
The government has also allocated ₹13,449 crore for pensions, including funds for the Unified Pension Scheme.
In addition, ₹8,476 crore has been earmarked for defence pensions, reflecting the commitment to supporting retired personnel from the armed forces.
The Department of Telecommunications is also set to receive ₹5,322 crore as part of the additional spending plan.
The Supplementary Demands for Grants provide a way for the government to adjust its budget based on emerging needs and financial requirements.
These additional funds are expected to support crucial sectors and maintain economic stability as the financial year nears its end.
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