Parliament Passes Appropriation (No. 3) Bill, 2026

The Lok Sabha passed the Appropriation (No. 3) Bill, 2026, by voice vote on 4 August 2026. The Bill authorises expenditure from the Consolidated Fund of India for excess spending on certain services during the financial year ended 31 March 2023. Finance Minister Nirmala Sitharaman introduced the Bill in the Lok Sabha, and the Bill is pending consideration in the Rajya Sabha.

Appropriation Bill in the Indian Budget Process

An Appropriation Bill is a Money Bill under Article 114 of the Constitution of India. It authorises withdrawal of funds from the Consolidated Fund of India for meeting expenditure voted by Parliament and expenditure charged on the Fund.

Consolidated Fund of India

The Consolidated Fund of India is the principal government account under Article 266 of the Constitution of India. All revenues received by the Government of India, loans raised by it, and money received from repayment of loans form part of this Fund.

Parliamentary Procedure for Financial Legislation

Money Bills can be introduced only in the Lok Sabha under Article 110 of the Constitution of India. The Rajya Sabha can make recommendations on a Money Bill within 14 days, but the Lok Sabha is not bound to accept them.

Important Facts for Exams

• The Appropriation Bill gives legal authority for government spending from the Consolidated Fund of India.
• Article 114 of the Constitution of India deals with appropriation of money out of the Consolidated Fund.
• Article 110 of the Constitution of India defines a Money Bill.
• The Rajya Sabha cannot amend a Money Bill and can only recommend changes within 14 days.

The Lok Sabha is the lower House of Parliament of India, and the Rajya Sabha is the upper House of Parliament of India. The financial year in India runs from 1 April to 31 March.