FM tweets information on growth expenditureduring UPA and NDA regimes.
Finance Minister Nirmala Sitharaman, in a collection of tweets, stated comparative information on growth expenditure and subsidies confirmed that through the Narendra Modi-led NDA (National Democratic Alliance) authorities, they have been was far larger than below the UPA (United Progressive Alliance) regime.
The information from the Reserve Bank of India reveals that the overall 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 shall 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.
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