Union Budget 2017: CBI gets marginal increase of 8.31 pc in budgetary allocation

By: | Published: February 1, 2017 5:25 PM

The country's premier investigation agency CBI has been allocated Rs 695.62 crore for 2017-18, a marginal increase of 8.31 per cent from the revised allocation in last fiscal.

CBI had been allocated Rs 727.75 crore in last year's budget, which was nearly 32 per cent more from the previous year, but in the revised estimates it got Rs 642.24 crore. (Representative image) CBI had been allocated Rs 727.75 crore in last year’s budget, which was nearly 32 per cent more from the previous year, but in the revised estimates it got Rs 642.24 crore. (Representative image)

The country’s premier investigation agency CBI has been allocated Rs 695.62 crore for 2017-18, a marginal increase of 8.31 per cent from the revised allocation in last fiscal.

In the Union Budget for 2017-18 presented by Finance Minister Arun Jaitley today, the Central Bureau of Investigation (CBI) has been allocated Rs 695.62 crore, an increase of Rs 53.38 crore from last year.

CBI had been allocated Rs 727.75 crore in last year’s budget, which was nearly 32 per cent more from the previous year, but in the revised estimates it got Rs 642.24 crore.

This year, the amount has been allocated for establishment-related expenditure of the CBI which is entrusted with investigation and prosecution of corruption cases against public servants, private persons, firms and other cases of serious crime, the budget document said.

It said the budget allocation also includes provisions for CBI e-governance, modernisation of training centre, establishment of technical and forensic support units, construction of office, residential complexes of CBI branches.

For latest coverage on Budget 2019-20 log on to financialexpress.com. We bring you full coverage of Union Budget 2019 Live. Stay Connected.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition