According to news agency PTI, the administration requested clearance from Parliament on Monday to spend an additional Rs 1.07 lakh crore in the current fiscal year.
Approval is requested for gross additional spending of about Rs 1.58 lakh crore in the third batch of supplementary demands for grants filed in the Lok Sabha.
Proposals involving net cash outgo total over Rs 1.07 lakh crore, while gross new expenditure matched by ministry/department savings or increased collections totals over Rs 50,946 crore, according to PTI.
Rising Fuel Prices
'When we observed that relief was needed for consumers, the Prime Minister lowered charges on November 5, 2021,' Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Monday in response to soaring fuel costs. We've taken a few steps and are prepared to do more. 'However, nine states chose not to do so.'
ANI reported Puri as stating, "Taxation is only one component; we have to provide assistance to consumers at the time of consumption."
Tourism Sector Lost Their Jobs Since Covid-19 Outbreak
Tourist arrivals were down 93% during the first wave of the Covid-19 outbreak, 79 percent during the second wave, and 64% during the third wave, according to Union Tourism Minister G Kishan Reddy Reddy.
"A study of the pandemic's influence on tourism was done by us. According to the report, the first wave resulted in 14.5 million job losses, the second wave 5.2 million, and the third wave 1.8 million job losses "During Question Hour in the Lok Sabha, he added.
EPFO Rate Cut Issue In RS
CPI member Binoy Viswam and some TMC members wanted to raise the issue of the proposal to lower the interest rate to a four-decade low of 8.1 percent for fiscal 2021-22 from 8.5 percent the previous year, shortly after the Rajya Sabha mourned the deaths of four former members and tabled listed papers and reports.
The Chairman, on the other hand, refused to allow them to discuss the issue during the Zero Hour. "You write to me. Make a request "he stated
Nirmala Sitharaman, the Union Finance Minister, has started delivering the Budget for Jammu & Kashmir. She would also deliver the supplemental grant demands, grant demands, and excess grant demands for J&K in the Lok Sabha.
Due to Holika Dahan, Rajya Sabha sitting on March 17 will be cancelled.
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