Finance Minister Nirmala Sitharaman, in a sequence of tweets, stated comparative knowledge on growth expenditure and subsidies confirmed that in the course of the Narendra Modi-led NDA (National Democratic Alliance) authorities, they have been was far larger than beneath the UPA (United Progressive Alliance) regime.
The knowledge from the Reserve Bank of India exhibits that the whole developmental expenditure incurred by the Modi Government in 2014-22 was Rs 90.9 lakh crore, far larger than is being alleged by some sections of the opposition. In distinction, solely Rs 49.2 lakh crore was spent on this throughout 2004-14, tweeted Ms Sitharaman.
In her second tweet, referring to grease bonds, she stated that the developmental expenditure incurred by the Modi authorities of Rs 90.9 lakh crore up to now was over and above the Rs 93,685.68 crore already spent between 2014-22 on repaying the UPA-era oil bonds. Further, an extra Rs 1.48 lakh crore can be paid by 2026.
The third tweet from the finance minister stated that the expenditure incurred by the Modi authorities consists of Rs 24.85 lakh crore spent up to now on meals, gas and fertiliser subsidies and Rs 26.3 lakh crore on capital creation. Over the ten years of UPA, solely Rs 13.9 lakh crore was spent on subsidies.