The Rajya Sabha has resumed discussion on the Appropriation (No. 2) Bill 2026. It seeks to authorise payment and appropriation of certain sums from and out of the Consolidated Fund of India for the services of the financial year 2026-27. After the discussion, the legislation will be returned to the Lok Sabha. The Lower House had passed the legislation last week.
Participating in the discussion today, Dr. Dinesh Sharma of the BJP said, ” This legislation is not merely a financial process, but a crucial foundation for the country’s developmental journey, transparency, and accountability. He said the government accords top priority to fiscal consolidation and has reduced the fiscal deficit. Mr Sharma said, the government is spending money on the welfare of the poor, infrastructure development and nation building.
Dr. Sarfaraz Ahmad of JMM expressed concern over the surrender of allocated funds by several government departments. He stated that the government should ensure proper and effective utilisation of the available financial resources. Ramji of BSP has welcomed the government decision to construct SC and ST girls’ hostels across the country.
He urged that at least one SC and ST hostel should be established in every district of the country to ensure wider access to accommodation facilities for students of SC and STs. Ramji also demanded a provision of zero fee for economically weak SC and ST students, who are pursuing higher education in premier institutions such as IITs, MBBS programs, and MBA courses. Haris Beeran of IUML raised the issue of conflict in West Asia and questioned the country’s foreign policy.
Mahua Maji of JMM said that unemployment and inflation have become major problems for the country, and the rural economy is under pressure. Ghanshyam Tiwari of the BJP lauded the government for bringing transformative changes in the taxation system. He said the faceless return of Income Tax and reform in GST have eased the lives of people. He said that, despite reducing the GST on several items, the GST collection has witnessed a significant increase in tax collection. Raghav Chadha of the Aam Aadmi Party raised the issue of conflict in West Asia and its impact on investments within the country. Discussion is underway.
