Excess Grant - Regularisation of Excess Expenditure
Authority: Article 115 of the Constitution of India
Excess grants are made when the expenditure has been incurred after a Financial Year has expired.
Actual expenditure incurred (out of Consolidated Fund) in excess of Grant voted by the Parliament will be regularised by:
Reasons to be fully explained by the spending authorities.
On the recommendation of PAC as a result of scrutiny of Appropriation Accounts of Railways and Audit Report of CA&G.
Presented after obtaining the recommendation of the President of India.
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