India government seeks parliament's approval for $15.4 billion extra spending

[August 01, 2016]  NEW DELHI (Reuters) - The Indian government on Monday sought parliament's approval to spend an extra 1.03 trillion rupees ($15.43 billion) in the fiscal year ending in March 2017.

Indian Prime Minister Narendra Modi (R) listens to Finance Minister Arun Jaitley during the Global Business Summit in New Delhi January 16, 2015. REUTERS/Anindito Mukherjee

In a supplementary demand for grants laid before parliament by the finance ministry, the government said net cash outgo would be 209.48 billion rupees.

The additional expenditure includes 50 billion rupees for a rural jobs program, about 42 billion for road construction and 20 billion rupees for disaster management.

(Reporting by Manoj Kumar; Writing by Rajesh Kumar Singh; Editing by Douglas Busvine)

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