The government plans to frontload additional expenditures in the rural job scheme to boost demand in the rural economy
New Delhi: Rural development schemes are likely to get more funds than allotted in the budget to boost consumption growth, which has fallen to a seven-year low in the villages.
The Narendra Modi-government plans to frontload additional expenditure in the rural job scheme and highway construction projects to boost demand in the rural economy.
“The ministry would seek the parliamentary nod in the supplementary demand for additional spending, which would boost the rural economy,” a finance ministry official said. The winter session of Parliament will begin on November 18.
Officials said several departments have sought additional capital expenditure worth Rs 1 lakh crore.
A part of the expenditure would be beyond the budgeted amount, requiring the finance minister to place a supplementary demand before Parliament.
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