Current Context : The government proposed supplementary demands for grants, requesting additional expenditure for various sectors, indicating active fiscal management for unforeseen financial needs.
About Supplementary Grants:
- Raised under Article 115of the Constitution when funds already authorized by Parliament for a service are insufficient during the financial year
- Seeks approval from Parliament for additional expenditures beyond the initial budget estimates.
Types of Grants under Article 115:
- Additional Grant: Required for new services or projects not included in the original budget.
- Excess Grant: Sanctioned for expenditure that exceeds the allocated budget.
- Supplementary Demand for Grants: Includes both net cash outgo and reappropriation of funds from existing allocations.