March 21 , 2026
12 hrs 0 min
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- Parliament passed the Appropriation Bill 2026, allowing the Union Government to withdraw and spend funds for the financial year.
- It authorizes withdrawal of money from the Consolidated Fund of India to meet expenses of ministries, departments and government schemes.
- It is mandated under Article 114 of the Constitution, making it legally necessary for all government expenditure.
- It is introduced after voting on Demands for Grants in the Lok Sabha as part of the annual budget process.
- It is classified as a Money Bill under Article 110, so the Rajya Sabha cannot amend or reject it.
- It includes both voted expenditure and charged expenditure, like salaries of judges and constitutional authorities, ensuring financial accountability.
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