Question
How much gross additional spending has been approved by
the Parliament which includes the spending for Mahatma Gandhi National Rural Employment Guarantee Scheme and for fertilizer subsidy?ÂSolution
The Centre has sought approval of Parliament for gross additional spending of Rs 1.29 trillion including Rs 14,524 crore for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and Rs 13,351 crore for fertiliser subsidy. The government has provided Rs 14,524 crore for the MGNREGS including Rs 10,000 crore for recoupment of advance taken from Contingency Fund of India. The additional money will largely cover the expenditures already incurred in the scheme so far.
When A Ltd. and B Ltd. go into liquidation and a new company X Ltd. is formed, it is a case of:
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