The Lok Sabha on Tuesday approved the Appropriation Bill, 2016, after the demands for grants for several ministries were collectively put to vote and passed by applying guillotine.
The Bill, moved by Minister of State for Finance Jayant Sinha was passed by a voice vote.
The Bill allowing the Central Government to withdraw over Rs. 66 lakh crore from the consolidated fund to meet its expenditure during 2016-17.
With this the second phase of the budgetary exercise has been completed.
The Lok Sabha had earlier discussed the demands for grants of ministries of Skill Development and Entrepreneurship, Social Justice and Empowerment, Development of North Eastern Region (DONER), Civil Aviation and Tourism and Housing and Urban Poverty Alleviation.
The first phase of the budgetary process was completed after Parliament passed the vote-on-account in March.
The budgetary exercise for 2016-17 will be completed with the passage of the Finance Bill by Parliament.
The Finance Bill 2016, containing tax proposals of the government for the fiscal will be moved for consideration and passage of the House tomorrow. After its passage in the Lok Sabha, it will go to the Rajya Sabha.
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