Rein in 2012 expenditure at budgeted levels

Rein in 2012 expenditure at budgeted levels

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 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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