Rajya Sabha has cleared the Appropriation Bill, 2026, authorising ₹54,067.44 crore in excess expenditure from the Consolidated Fund of India for FY 2022-23. Two demands covered: ₹53,871 crore for debt repayment and ₹196.44 crore per a Railway Ministry court order. This is a key procedural event in parliamentary financial control every student of Indian polity must understand.
Exam Lens
Quick Exam Facts From News
1-Minute Revision
- ›Bill Name & Year: Appropriation Bill, 2026
- ›Total Excess Expenditure: ₹54,067.44 Crore
- ›Target this Data: ₹54,067.44 Crore = total excess expenditure (Appropriation Bill 2026).
- ›Target this Nodal Body: Finance Ministry (Nirmala Sitharaman) + Public Accounts Committee (PAC).
- ›Target this Legal Point: Article 114 (Appropriation Bill) and Article 266 (Consolidated Fund).
Mastered this topic? Test your knowledge with a full MCQ quiz.
Practice exam-style questions, track your score, and strengthen your recall.