Rajya Sabha passes Appropriations Bill

Image
IANS New Delhi
Last Updated : Mar 17 2016 | 12:57 AM IST

The Appropriation Bill and Vote on Account Bills were passed in the upper house of the parliament on the last day of the first part of the Budget session, thus completing the first stage of the budgetary exercise.

Rajya Sabha, at an extended session on Wednesday night, passed the relevant bills, with Minister of State for Finance Jayant Sinha describing the budget as aimed at upliftment of the poor.

Relying to the debate on the Budget, Sinha said the government has done well in managing inflation and prices of most commodities with the exception of pulses have either come down or remained stable.

"This Budget is for the upliftment of the country," he said, adding the proposals have focused on the poor and the farm sector.

Lok Sabha passed the Appropriation Bill 2016-17 on Monday.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 17 2016 | 12:44 AM IST

Next Story