This includes the amount of 3.3 lakhrncrores for fresh cash to spend majorly on fertilizer
India is the largest urea importer in thernworld. India imports 9 million tonnes of urea.The biggest allocation of thesernproposed funds is planned to go into the purchase of fertilizers. The P&Krnfertilizers include rs 23000 crores and urea accounts for nearly Rs 86000rncrores.The impact of the war in Ukrainerncan be seen on the central government budget as this is the additional cashrnspend, in over the Rs 39.4 lakh crores amount planned by the Finance Minister,rnNirmala Sitaraman in the central budget made for the current fiscal year.The rural development Ministry saw arnmassive allocation of Rs 4500 crores. This is marked with an additional fund ofrnRs 16000 cr for the requirement in the schemes such as MNREGA.
Allocation of rs 25000 crores is madernfor the payment to the oil companies. This also contains allocation for thernfulfillment of oil and gas requirements for poor households
In order to extend the centralrngovernmentu2019s Pradhan Mantri Kalyan Anna Yojna until December, the governmentrnseeks a fund of rs 60000 crores.For railways, the amount proposed isrn12000 cr. Despite the higher spending, economists expect the government to meet the fiscal deficit target set in thernbudget.What do you think, will therngovernment meet its fiscal deficitrntarget? Comment your thoughts.rnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrnrn
