Appropriation bill Current Affairs, GK & News

Appropriation Bill

An appropriation bill or running bill is a bill that is introduced in the parliament together with the budget seeking the approval and authorization to the government spend money. It is a bill that sets money aside for specific spending. In most democracies, approval of the legislature is necessary for the government to spend money. ..

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LS passes Appropriation Bill, 2012

The Lok Sabha passed the Appropriation Bill, 2012. It authorizes payment and appropriation of certain sums from the CFI (Consolidated Fund of India) for services in the financial year 2012-13.  Finance Minister Pranab Mukherjee introduced the Appropriation Bill, 2012, which was passed by the House after negating all the Cut Motions moved by the Opposition. ..