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Date-05 Dec 2019,Misc concepts in Daily Current Affairs-SUPPLEMENTARY DEMAND FOR GRANTS

 

SUPPLEMENTARY DEMAND FOR GRANTS 

GS Paper-2

Subject-Polity & Governance

Topic-Parliament and State Legislatures

Definition:
The additional grant required to meet the required expenditure of the government is called Supplementary Grants.
Description: 

 

  1. When grants, authorised by the Parliament, fall short of the required expenditure, an estimate is presented before the Parliament for Supplementary or Additional grants. These grants are presented and passed by the Parliament before the end of the financial year.
  2. When actual expenditure incurred exceeds the approved grants of the Parliament, the Ministry of Finance and Ministry of Railways presents a Demand for Excess Grant. The Comptroller and Auditor General of India bring such excesses to the notice of the Parliament.