India s Finance Minister, Nirmala Sitahraman, has praised the country s economic progress and declared it the fastest-growing major economy globally. The House approved the Supplementary Demands for Grants, allowing the government to spend over Rs 1.29 lakh crore, with Rs 58,378 crore being the cash outgo in the current fiscal. The remaining Rs 70,968 crore will be matched by savings and receipts.
The central government on Monday sought approval from Parliament on Monday for the second batch of Supplementary Demands for Grants worth Rs 2.7 lakh crore for the financial year 2022- 23.