Minister of Finance and Corporate Affairs Nirmala Sitharaman with Directors and Deputy Secretaries of Department of Expenditure, in New Delhi Wednesday. (ANI)
WHILE THE government has announced a Rs 20 lakh crore stimulus package to counter the economic impact of Covid-19, official data shows that the Centre’s total expenditure in April-July increased by about Rs 1.07 lakh crore, or about 11.3 per cent — up from Rs 9.47 lakh crore in April-July last year to Rs 10.54 lakh crore this year. Much of this expenditure was on revenue account like payment of salaries and other regular expenses.
In the wake of…
