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The Times of India
The Times of India
Business
TNN

Budget 2022: Finance ministry asks departments to limit spends within new targets

NEW DELHI: The finance ministry has asked other government departments at the Centre to contain the spending within the agreed revised estimates for expenditure, for which Parliamentary approval will be sought, while making requests for supplementary demand for grants.

Ahead of the Budget, the expenditure department undertakes an assessment of the actual spending by various departments and revises the estimates for the year when the Budget is tabled on February 1. The number is, however, shared with the department concerned so that it can plan its spending for the third and the fourth quarters.

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