The Centre has moved Parliament seeking a fresh cash outgo of over Rs 41,500 crorewith the bulk of the amount earmarked for fertiliser requirements and compensation to oil marketing companies (OMCs) for LPG under-recoveriesNDTV Profit reported.
This request forms part of the first Supplementary Demands for Grants (SDG) for the financial year, which outlines a gross additional expenditure of over Rs 1.32 lakh crore. The supplementary allocation is intended to meet essential subsidy obligations and cover losses incurred by OMCs due to regulated LPG prices.
The proposal comes as the government aims to balance subsidy support with fiscal management, ensuring that key sectors—including agriculture and domestic fuel—continue to receive adequate financial backing.
This is a developing story.
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