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Brief
The Appropriation Bill, 2024 has been passed by the House of the People on 07/02/2024. This bill authorizes payment and appropriation of certain further sums from and out of the Consolidated Fund of India for the services of the financial year 2023-24, which will impact government spending and fiscal policies. The bill's main purpose is to provide for the appropriation of moneys required to meet supplementary expenditure charged on the Consolidated Fund of India. It has significant implications for industry players and stakeholders as it affects government revenue allocation and regulatory frameworks.
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