Why did the Lok Sabha pass a bill to allow government expenditure for the financial year 2024-25
The bill aimed at enabling government expenditure for the specified fiscal year.
- Approval for government expenditure for the financial year 2024-25 is essential to ensure the smooth functioning of various government initiatives, programs, and services.
- It allows the government to allocate funds for key sectors like healthcare, education, infrastructure, defense, and social welfare.
- Passing the bill ensures continuity in budgetary planning and execution, preventing disruptions in public services.
- It facilitates the implementation of policies aimed at promoting economic growth, employment generation, and overall development.
- The bill also includes provisions for managing public debt, subsidies, and other financial obligations of the government.
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9 months ago