Home India Lok Sabha Secretariat Bill was introduced in Lok Sabha on 18th July, 2014 reg. The...
Date: 2014-07-18 Category: Extra Ordinary State: Union Government Country: India

Bill was introduced in Lok Sabha on 18th July, 2014 reg. The Appropriation (No.2) Act, 2014.

Issued by Lok Sabha Secretariat · NOT available

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Executive Summary & Key Takeaways

Executive Summary: Appropriation No. 2 Bill, 2014, introduced in Lok Sabha on July 18, 2014, authorises appropriation of funds from the Consolidated Fund of India. This is to cover excess expenditures for specific services during the financial year ending March 31, 2012, beyond the amounts initially granted. The bill was enacted by Parliament in the Sixty-fifth Year of the Republic of India. Key Points / Main Content: * **Short Title:** The Act is titled the Appropriation No. 2 Act, 2014. * **Consolidated Fund Withdrawal:** Authorizes the withdrawal of ₹7,513,28,30,707 from the Consolidated Fund of India. This is to cover excess expenditures incurred during the financial year ended March 31, 2012. * **Specific Services and Purposes:** The withdrawn sums are appropriated for the services and purposes detailed in the Schedule, relating to the financial year ending March 31, 2012. * **Schedule of Excess Expenditure:** * Department of Posts (Revenue): ₹400,03,82,246 * Department of Posts (Capital): ₹24,413 * Defence Pensions (Revenue): ₹3569,10,00,649 (includes ₹28,54,467 charged) * Defence Services-Air Force (Revenue): ₹567,90,83,321 * Ministry of External Affairs (Capital): ₹7,23,26,294 * Interest Payments (Revenue): ₹2947,58,33,405 (charged) * Chandigarh (Revenue): ₹19,98,13,168 (charged) * Lakshadweep (Revenue): ₹1,43,67,211 * **Constitutional Basis:** The Bill is introduced according to article 114(1), read with article 115 of the Constitution of India. It addresses expenditure exceeding grants made by the Lok Sabha for the Central Government (excluding Railways). * **President's Recommendation:** The President of India recommended the introduction and consideration of the Bill in Lok Sabha under article 117(1) and (3), read with article 115(2) of the Constitution. Impact Analysis: * **Central Government:** * Impact: Authorizes the allocation of funds to cover past expenditures exceeding approved amounts for the financial year 2011-2012. * Action Required: Adjust financial records to reflect authorized expenditures and ensure compliance with the Act. * **Lok Sabha:** * Impact: Grants retrospective approval for expenditures exceeding the initial grants. * Action Required: Review and note the authorised appropriations. * **Consolidated Fund of India:** * Impact: Decreases the fund balance by the specified amount (₹7,513,28,30,707) to cover the excess expenditures. * Action Required: Release the funds as specified in the schedule.

Key Entities Referenced

Appropriation No. 2 Act, 2014: A bill to authorize appropriation of moneys from the Consolidated Fund of India to meet excess expenditures for the financial year ended on March 31, 2012. Consolidated Fund of India: A fund established under the Constitution of India to which all revenues received by the Union government are credited. Lok Sabha: The Lower House of the Parliament of India, where the bill was introduced and its consideration was recommended. Parliament: The legislative body of the Republic of India, which enacts the Appropriation No. 2 Act, 2014. March 31, 2012: The end date of the financial year for which excess expenditures are being authorized by the Appropriation Act. Arun Jaitley: The Minister of Finance who recommended the introduction and consideration of the Appropriation Bill. Constitution of India: The supreme law of India, which provides the basis for the appropriation of funds and the introduction of the bill. Department of Posts: A department of the Indian government that had excess revenue expenditure.
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jftLVªh lañ Mhñ ,yñ—(,u)04@0007@2003—14 REGISTERED NO. DL—(N)04/0007/2003—14 vlk/kkj.k EXTRAORDINARY Hkkx [k.M II — 2 PART II—Section 2 izkf/kdkj ls izdkf'kr PUBLISHED BY AUTHORITY lañ ubZ fnYyh] 'kqØokj] tqykbZ 18] 2014@vk"kk<+ 23] 1936 ¼'kd½ 18] No. 18] NEW DELHI, FRIDAY, JULY 18, 2014/ASHADA 23, 1936 (SAKA) bl Hkkx esa fHkUu i`"B la[;k nh tkrh gS ftlls fd ;g vyx ladyu ds :i esa j[kk tk ldsA Separate paging is given to this Part in order that it may be filed as a separate compilation. LOK SABHA ———— The following Bill was introduced in Lok Sabha on 18th July, 2014:— BILL NO. 56 OF 2014 A Bill to provide for the authorisation of appropriation of moneys out of the Consolidated Fund of India to meet the amounts spent on certain services during the financial year ended on the 31st day of March, 2012, in excess of the amounts granted for those services and for that year. BE it enacted by Parliament in the Sixty-fifth Year of the Republic of India as follows:— 1. This Act may be called the Appropriation (No. 2) Act, 2014. Short title. 2. From and out of the Consolidated Fund of India, the sums specified in column 3 of Issue of the Schedule, amounting in the aggregate to the sum of seven thousand five hundred Rs.7513,28,30,707 out of the thirteen crores, twenty-eight lakhs, thirty thousand seven hundred and seven rupees shall Consolidated be deemed to have been authorised to be paid and applied to meet the amounts spent for Fund of India defraying the charges in respect of the services specified in column 2 of the Schedule to meet during the financial year ended on the 31st day of March, 2012, in excess of the amounts certain excess expenditure granted for those services and for that year. for the year ended on the 31st March, 2012.2 THE GAZETTE OF INDIA EXTRAORDINARY [PART II— Appropriation. 3. The sums deemed to have been authorised to be paid and applied from and out of the Consolidated Fund of India under this Act shall be deemed to have been appropriated for the services and purposes expressed in the Schedule in relation to the financial year ended on the 31st day of March, 2012.SEC. 2] THE GAZETTE OF INDIA EXTRAORDINARY 3 THE SCHEDULE (See sections 2 and 3) 1 2 3 Excess No. Services and purposes Voted Charged of portion portion Total Vote Rs. Rs. Rs. 13 Department of Posts..................................Revenue 400,03,82,246 .. 400,03,82,246 Capital .. 24,413 24,413 21 Defence Pensions......................................Revenue 3568,81,46,182 28,54,467 3569,10,00,649 24 Defence Services—Air Force....................Revenue 567,90,83,321 .. 567,90,83,321 31 Ministry of External Affairs ..........................Capital 7,23,26,294 .. 7,23,26,294 CHARGED.—Interest Payments...................Revenue .. 2947,58,33,405 2947,58,33,405 97 Chandigarh................................................Revenue .. 19,98,13,168 19,98,13,168 100 Lakshadweep.............................................Revenue 1,43,67,211 .. 1,43,67,211 TOTAL 4545,43,05,254 2967,85,25,453 7513,28,30,7074 THE GAZETTE OF INDIA EXTRAORDINARY [PART II— SEC. 2] STATEMENT OF OBJECTS AND REASONS This Bill is introduced in pursuance of article 114 (1) of the Constitution of India, read with article 115 thereof, to provide for the appropriation out of the Consolidated Fund of India of the moneys required to meet the expenditure incurred in excess of the grants made by the Lok Sabha for expenditure of the Central Government, excluding Railways, for the financial year ended 31st day of March, 2012. ARUN JAITLEY —————— PRESIDENT’'S RECOMMENDATION UNDER ARTICLE 117 OF THE CONSTITUTION OF INDIA ———— [Copy of letter No. F. 7(2)-B(SD)/2014 dated 9 July, 2014 from Shri Arun Jaitley, Minister of Finance to the Secretary-General, Lok Sabha] The President, having been informed of the subject matter of the proposed Bill to provide for the authorisation of appropriation of moneys out of the Consolidated Fund of India to meet the amounts spent on certain services during the financial year ended on the 31st day of March, 2012, in excess of the amounts granted for the said services and for that year recommended under clauses (1) and (3) of article 117 of the Constitution, read with clause (2) of article 115 thereof, the introduction of the Appropriation (No. 2) Bill, 2014 in Lok Sabha and also recommends to Lok Sabha the consideration of the Bill. ———— P. SREEDHARAN, Secretary General. PRINTED BY DIRECTORATE OF PRINTING AT GOVT. OF INDIA PRESS, MINTO ROAD, NEW DELHI AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI—2014. GMGIPMRND—1472GI(S-3)—19.07.2014.

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