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Brief
The Appropriation (Vote on Account) Bill, 2024 has been passed by the House of the People on 07/02/2024. The main purpose of this bill is to provide for the withdrawal of certain sums from and out of the Consolidated Fund of India for a part of the financial year 2024-25. The bill authorizes payment and appropriation of specific amounts for various government services, impacting the budget allocation for the country's development and public expenditure. The bill primarily targets the sectors such as Agriculture, Atomic Energy, Defence, Environment, Finance, Health, Home Affairs, Information Technology, Labour, Law and Justice, Power, Railways, Roads, Rural Development, Science and Technology, Steel, Textiles, Tourism, Tribal Affairs, and Women and Child Development. This legislation also sets aside funds for debt repayment, pension payments, interest on loans, and transfers to states and union territories.
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