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Appropriation Act 2021 Was Approved By President Ram Nath Kovind Know Here What Is Special In It


Business Desk, Amar Ujala, New Delhi

Published by: Deepak Chaturvedi
Updated Fri, 14 Jan 2022 12:35 PM IST

Summary

Appropriation Act 2021 Was Approved By President: President Ram Nath Kovind has given his assent to the Appropriation (No. 5) Act, 2021 on Friday. This authorizes the federal government to spend an extra Rs 3.73 lakh crore through the present monetary yr. It is price noting that Union Finance Minister Nirmala Sitharaman had launched the Appropriation (No. 5) Bill 2021 within the Winter Session of Parliament.

President Ram Nath Kovind

President Ram Nath Kovind
– Photo: PTI

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Scope

President Ram Nath Kovind has given his assent to the Appropriation (No. 5) Act, 2021 on Friday. This authorizes the federal government to spend an extra Rs 3.73 lakh crore through the present monetary yr. It is price noting that Union Finance Minister Nirmala Sitharaman had launched the Appropriation (No. 5) Bill 2021 within the Winter Session of Parliament. Which was accredited within the Lok Sabha, now the President has additionally accredited it.

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