Consolidated fund - Latest News Update, Information, Photos & Videos on Consolidated fund at Lokmat Times

New Delhi, Jan 14 President Ram Nath Kovind has given his nod to the Appropriation (No 5) Act 2021 that authorises payment and appropriation of Rs 3.73 lakh crore from the Consolidated Fund of India for the services of the financial year 2021-22.According to a gazette notification published on Friday, the President gave his assent on January 12.The Act authorises the expenditure of Rs 3,737,035,100,000 as voted by the Parliament, Rs 574,900,000 charged on the Consolidated Fund totalling to Rs 3,737,610,000,000 from and out of the Consolidated Fund of India towards defraying the several charges which will come in course of payment during the financial year 2021-22 in respect of the services specified.Generally, after the budget proposal discussions and later voting on demand for grants, the government introduces the Appropriation Bill in the Lok Sabha, which when passed by the Parliament, is then sent to the President.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Consolidated FundFOLLOW

Consolidated fund, Latest News

Business :Finance Minister Sitharaman moves Appropriation Bills in Rajya Sabha

New Delhi [India], December 19 Union Finance Minister Nirmala Sitharaman on Monday moved the Appropriation (No.5) Bill, 2022, ... ...

National :WB Governor returns file seeking his approval, says will be heard after state decides to summon assembly

West Bengal Governor Jagdeep Dhankhar on Tuesday said that he has 'remitted back' files relating to financial matters seeking his approval. ...

Politics :Appropriation Act 2021 gets Presidential assent

New Delhi, Jan 14 President Ram Nath Kovind has given his nod to the Appropriation (No 5) Act ... ...