Excess Grants

 

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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