Finance minister Piyush Goyal.  (Photo: Sonu Mehta/Hindustan Times.)
Finance minister Piyush Goyal. (Photo: Sonu Mehta/Hindustan Times.)

Govt seeks Vote on Account for 34.17 lakh crore expenditure for April-July

  • Finance Minister Piyush Goyal Friday pegged an aggregate gross expenditure for 2019-20 at over 97.43 lakh crore
  • Vote on Account is a grant in advance by Parliament, in respect of the estimated expenditure for a part of new fiscal year

NEW DELHI: The government has sought Parliament's nod for spending 34.17 lakh crore for the first four months of the next financial year beginning April through Vote on Account in view of upcoming general elections.

Finance Minister Piyush Goyal Friday pegged an aggregate gross expenditure for 2019-20 at over 97.43 lakh crore in the interim Budget and sought Parliament's approval for meeting the expenditure, which is likely to be incurred during April to July 2019.

General elections are due in April-May and the new government would present the main budget for the next fiscal in July.

Vote on Account is a grant in advance by Parliament, in respect of the estimated expenditure for a part of new fiscal year, pending the completion of procedure relating to the voting on the demand for grants and the passing of the Appropriation Act.

"Aggregate gross expenditure for 2019-20 is estimated at 97,43,039.70 crore. Against this requirement, the amount asked for 'on Account', is 34,17,295.38 crore," said the Vote on Account 2019-20 tabled in Parliament.

As part of the Vote on Account, the government is seeking 65,366.83 crore for Department of Food and Public Distribution for meeting the food subsidy to FCI and others, state governments on decentralised food procurement under NFSA for the year 2019-20.

It has sought 20,000 crore for Department of Rural Development and 37,423.98 crore towards capital outlay on defence services.

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