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Appropriation Bill
Consider the following statements with reference to the Appropriation Bill:
- Appropriation Bill gives power to the government to withdraw funds from the Consolidated Fund of India for meeting the expenditure during the financial year.
- Under Article 114, no amount can be withdrawn from the Consolidated Fund of India without the enactment of such a law by Parliament.
A |
Only 1
|
|
B |
Only 2
|
|
C |
Both 1 and 2
|
|
D |
Neither 1 nor 2
|
Your Ans is
Right ans is C
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- Appropriation Bill is a money bill that allows the government to withdraw funds from the Consolidated Fund of India to meet its expenses during the course of a financial year.
- As per article 114 of the Constitution, the government can withdraw money from the Consolidated Fund only after receiving approval from Parliament.
- To put it simply, the Finance Bill contains provisions on financing the expenditure of the government, and Appropriation Bill specifies the quantum and purpose for withdrawing money.
Procedure
- The government introduces the Appropriation Bill in the lower house of Parliament after discussions on Budget proposals and Voting on Demand for Grants.
- The Appropriation Bill is first passed by the Lok Sabha and then sent to the Rajya Sabha.
- The Rajya Sabha has the power to recommend any amendments in this Bill.
- However, it is the prerogative of the Lok Sabha to either accept or reject the recommendations made by the upper house of Parliament.
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