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Shettar tables supplementary estimates in Assembly

Posted on Feb 13, 11:05AM | UNI

Bangalore, Feb 12 : Karnataka Chief Minister Jagadish Shettar today tabled the third and final instalment of supplementary estimates amounting to Rs 5822.32 crore for the current fiscal in the State Assembly today.

The estimates were related to additional, supplementary grants and appropriation required during the year.

Out of the total amount, Rs 516.79 crore was covered by Central assistance, Rs 11.35 crore by other receipts and Rs 87 crore by adjustments.

According to the document, the receipts also included Add Recoveries amounting to Rs 3613.04 crore. The net outgo of cash was Rs 1594.12 crore which was expected to be funded from the general buoyancy in tax and non tax revenue and savings in provision from other schemes.