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Parliament Parliament of India

Appropriation Bill authorizes ₹1,29,348.85 crore for 2023-24 fiscal year

This Bill authorizes the payment of additional funds from the Consolidated Fund of India to cover supplementary expenditure for the financial year 2023-24.

It appropriates these sums for specific government services and purposes as listed in the Schedule.

Who it concerns: The Central Government of India, specifically the ministries, departments, and constitutional bodies listed in the Schedule (e.g., Ministry of Defence, Ministry of Railways, Supreme Court of India, Election Commission) that will receive the allocated funds.

What the bill does

  • Authorizes payment of sums not exceeding Rs. 1,29,348.85 crore (1 lakh twenty-nine thousand three hundred forty-eight crore and eighty-five lakh rupees).
  • Funds are to be paid from the Consolidated Fund of India.
  • The appropriation is for the financial year 2023-24.
  • The Schedule lists specific services and purposes, distinguishing between 'Voted' and 'Charged' expenditure on the Consolidated Fund.
  • The Bill is introduced under Article 114(1) and Article 115 of the Constitution of India.

Also in the document

  • This is an Appropriation Bill, which is a standard financial procedure to authorize spending already voted by Parliament.
  • The President recommended the introduction of the Bill under Article 117 of the Constitution.
  • The total amount includes both 'Voted' expenditure (Rs. 1,28,318.74 crore) and 'Charged' expenditure (Rs. 1,030.11 crore).

Where this bill is now: Became law (Act)

How this was written

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✓ Figures checked. Every number in this summary was found in the document by an automated check.

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The original document

Parliament of India — Bills (Lok Sabha & Rajya Sabha)

Bill / law · Ref. 156 · 12 Dec 2023

Bill 12 Dec 2023 · 0.1 MB Open the document On sansad.in ↗
Read it here

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