Prez approves law on U'khand expenditure

Image
Press Trust of India New Delhi
Last Updated : May 30 2016 | 5:22 PM IST
A law to authorise expenditure for the ongoing fiscal in Uttarakhand has been approved by President Pranab Mukherjee.
It allows withdrawal of about Rs 13,642.43 crore towards defraying the several charges which will come in respect to various services in the hill state.
The Uttarakhand Appropriation (Vote on Account) Act, 2016 got President assent on Saturday, according to an official notification.
The legislation repealed an ordinance promulgated by the President in March-end to meet expenditure in Uttarakhand. The ordinance was necessitated as the state was then under the Centre's rule.
The President's rule in Uttarakhand was lifted earlier this month following a long political and legal battle.
"Notwithstanding such repeal, anything done or any action taken under the said ordinance, shall be deemed to have been done or taken under the provisions of this Act," it said.
*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: May 30 2016 | 5:22 PM IST

Next Story