India · 19 Jul 2026

Centre may ask Parliament to clear additional spending

Centre may ask Parliament to clear additional spending

Finance Minister Nirmala Sitharaman is expected to seek parliamentary approval for extra expenditure, driven by higher outgo on fertiliser subsidies and electronics manufacturing schemes. GST and direct tax collections remain on track, and DIPAM is pushing for further disinvestment receipts. Completing the IDBI Bank transaction could provide meaningful fiscal comfort.

Source: Times of India

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