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Rein in 2012 expenditure at budgeted levels

Rein in 2012 expenditure at budgeted levels
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First Published: Tue, Sep 06 2011. 01 03 PM IST
Updated: Tue, Sep 06 2011. 01 03 PM IST
New Delhi: The government will try to restrict its expenditure in the current fiscal year to March 2012 at the budgeted levels, a finance ministry document said on Tuesday.
In February, the government had budgeted Rs 1,260,000 crore ($273.1 billion) expenditure for the current fiscal year.
“It is the endeavor of the government to restrict overall expenditure during the year within the estimated level of 2011-12,” the document said.
“Any increase in certain components is proposed to be made from savings in other components of expenditure.”
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First Published: Tue, Sep 06 2011. 01 03 PM IST