Rajya Sabha passes Appropriation No.3 Bill authorising Rs 54,067 crore excess spending for FY23
- Posted on August 6, 2026
- By Business News Today
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Rajya Sabha passes Appropriation No.3 Bill authorising Rs 54,067 crore excess spending for FY23
The Rajya Sabha approved the Appropriation Bill for excess spending. This bill covers expenditures from the financial year ending March 31, 2023. One excess demand arose from a court order impacting the Railway Ministry. Another larger demand pertained to debt repayment of Rs 53,871 crore. Parliamentary approval was completed after the bill returned to the Lok Sabha.