The government has spent around Rs 100 lakh crore on infrastructure development and social sector programs in the last eight years. Government sources said this. Citing a report of the Reserve Bank of India (RBI), sources said that during the financial year 2014-15 to the financial year 2021-22, the central government has spent Rs 90,89,233 crore for development related works.
Earlier recently, former Finance Minister P Chidambaram had said that the Prime Minister Narendra Modi-led government had collected Rs 26.5 lakh crore from fuel tax collection between 2014-2021. But the expenditure on free food grains, cash allowances to women, PM-Kisan and other cash transfers does not exceed Rs.
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Government sources said the figures presented by the former finance minister are much lower as the expenditure on development works was almost four times. Sharing the details of the expenditure, he said that capital expenditure of more than Rs 26 lakh crore has been made. Rs 25 lakh crore for food, fertilizer and fuel subsidies and Rs 10 lakh crore on social services like health, education, affordable housing etc. Sources said it is clear that the money collected from fuel tax has been put to good use for development.