New Delhi, Aug. 6 -- Parliament on Thursday passed the Appropriation (No. 3) Bill, 2026, which authorises the appropriation of money from the Consolidated Fund of India to regularise excess expenditure of Rs 54,067.46 crore incurred during the financial year ended March 31, 2023, beyond the amounts originally approved by Parliament.

The excess expenditure relates to two heads - repayment of debt amounting to Rs 53,871.01 crore and capital expenditure of Rs 196.45 crore under the Ministry of Railways.

The Bill, which had earlier been passed by the Lok Sabha, was passed by the Rajya Sabha on Thursday. Replying to the discussion on the Bill in the Rajya Sabha, Union Finance Minister Nirmala Sitharaman said bringing such legislation before ...