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Finance ministry seeks proposals for first supplementary demands ahead of monsoon session

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AgenciesAll other cases should be held until the budget review stage for the revised estimates for FY22, it said.The finance ministry has called for the first batch of supplementary demand for grants ongoing fiscal from various ministries and departments of the central government in time for the monsoon session of Parliament, according to a memorandum on Monday.

The ministry said that additional cash demands should be avoided and only demands that require Parliamentary approval for reappropriation of funds be submitted, considering that the full budget was available with the departments since the fiscal year had only recently begun.

“While processing proposals for supplementary grants, the grants controlling authority must invariably identify savings within the grant so that the infructuous or inflated supplementary demands are weeded out and the eventuality of surrender after obtaining supplementary grant are avoided,” it said.

The ministry would consider cases where payments were needed to be made against court decrees and could not be postponed, advances from the Contingency Fund were already granted or where the finance ministry had specifically advised to propose a supplementary demand.

All other cases should be held until the budget review stage for the revised estimates for FY22, it said.

Source: indiatimes.com

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