CBI gets nominal hike of 2.79 per cent in Budget 2018 with allocation of Rs 698.38 crore

The country's premier investigation agency CBI has been allocated Rs 698.38 crore in the Budget for 2018-19, a marginal increase of 2.79 percent compared to the ongoing fiscal.

PTI February 01, 2018 19:17:03 IST
CBI gets nominal hike of 2.79 per cent in Budget 2018 with allocation of Rs 698.38 crore

New Delhi: The country's premier investigation agency CBI has been allocated Rs 698.38 crore in the Budget for 2018-19, a marginal increase of 2.79 percent compared to the ongoing fiscal.

CBI gets nominal hike of 279 per cent in Budget 2018 with allocation of Rs 69838 crore

Representational image. AFP

In the last five budgets, this is the lowest hike announced for the agency which is probing several high-profile cases and grappling with over-stretched resources.

The CBI has been allocated Rs 698.38 crore by Finance Minister Arun Jaitley in the Budget presented on Thursday which is Rs 19.01 crore or a little over 2.79 percent higher compared to the revised estimates of Rs 679.37 crore for 2017-18.

"The provision is for establishment-related expenditure of the Central Bureau of Investigation which is entrusted with investigation and prosecution in corruption cases against public servants, private persons, firms and other cases of serious crimes," the budget document said.

It said the funds also include provision for various projects such as CBI e-governance, modernisation of training centre, establishment of technical and forensic support units, construction of office/residence complexes for CBI branches, comprehensive modernisation of the agency's branches/offices.

In the budget for 2017-18, the finance minister had announced an increase of 8.31 percent as compared to revised estimates of previous fiscal.

In the budgetary announcements for 2016-17, the CBI got nearly 32 percent increase in funds, in 2015-16, 10 percent increase, in 2014-15 the increase was nearly 17 percent as compared to revised estimates for corresponding previous years.

Updated Date:

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply

also read

Kerala Assembly Election Dates Announcement: State to vote on 6 April for 140 seats; results on 2 May
Politics

Kerala Assembly Election Dates Announcement: State to vote on 6 April for 140 seats; results on 2 May

The Kerala Legislative Assembly (Vidhan Sabha) has a total number of 140 seats, of which, 14 seats are reserved for the Scheduled Castes and two seats are reserved for the Scheduled Tribes.

Tamil Nadu Assembly Election Dates Announcement: Single-phased poll to be held on 6 April, counting on 2 May
Politics

Tamil Nadu Assembly Election Dates Announcement: Single-phased poll to be held on 6 April, counting on 2 May

The Tamil Nadu Legislative Assembly (Vidhan Sabha) has a total number of 188 seats, of which, 44 seats are reserved for the Scheduled Castes and two seats are reserved for the Scheduled Tribes

West Bengal Assembly Election to be held in eight phases; here's the detailed poll schedule
Politics

West Bengal Assembly Election to be held in eight phases; here's the detailed poll schedule

Elections for the West Bengal assembly will be held in eight phases, up from seven last time, beginning with polling for 30 seats on 27 March