Sufficient food grain buffer stock and optimism for a healthy kharif harvest are likely to alleviate price pressures, a recent report by finance ministry said.
Furthermore, during the past 5 months (April-August) of the current financial year 2024-25, the transaction volume has reached to 8,659 crore, it added.
The new rules aim to further promote ease of investment, the ministry said.
The CAG also asked the ministry to verify from other sources, including third parties, their declared value of sales to check tax evasion.
This will facilitate the global expansion of Indian companies through mergers, acquisitions, and other strategic initiatives, enabling them to reach new markets and grow their presence worldwide, said a Finance Ministry statement.
The infusion will be done after the supplementary demands for grants is passed by parliament which will reconvene on March 8.
Reports suggested the government has received permission for the same from both the Houses of Parliament.
It noted that measures to revive the growth cycle, creation of jobs are of paramount importance in the current scenario.
The circular further said that the ceilings for all categories of expenditure, including Central Sector and centrally sponsored schemes will be discussed.
GST, which subsumed about 17 local levies, was rolled out on July 1, 2017. Jaitley held the finance portfolio in the first term of the Modi government since 2014.
