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Appropriation Act 2021 gets Presidential assent – New Delhi News

According to a gazette notification printed 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 in the direction of defraying the a number of costs which can are available in course of cost throughout the monetary 12 months 2021-22 in respect of the providers specified.

Generally, after the funds proposal discussions and later voting on demand for grants, the federal government introduces the Appropriation Bill within the Lok Sabha, which when handed by the Parliament, is then despatched to the President.

Disclaimer: This story is auto-aggregated by a pc program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

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