The Bihar Appropriation Act, 2020
The Bihar Appropriation Act, 2020
Finance20205 sections
This Act authorizes the expenditure of ₹27,571.08 crores for the financial year 2019-20 as specified in the Finance Bill, applying to the Government of Bihar and its employees. It legally validates the state's spending plans for sectors like road development, housing, and health, while also sanctioning additional borrowing of ₹1,00,000 crore for urban development. By setting aside these specific funds from the consolidated fund, the legislation ensures that administrative expenses, interest payments, and capital works are formally granted the necessary financial backing for the fiscal period.
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