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Lok Sabha Clears ₹53 Lakh-Crore Grants, Passes Appropriation Bill After Farm Debate

Attention now turns to the Finance Bill following a contentious agriculture debate over MSP.

Overview

  • The Lok Sabha used the guillotine to approve Demands for Grants totaling over ₹53 lakh crore for 2026–27.
  • Parliament passed the Appropriation Bill (2) Bill, 2026, authorising withdrawals from the Consolidated Fund for the fiscal year.
  • Debate on the agriculture ministry featured Opposition demands for a legal MSP guarantee, compensation linked to protests and extreme weather, scrutiny of crop-insurance funding, and warnings over certain imports.
  • Agriculture Minister Shivraj Singh Chouhan said new Seed and Pesticide laws will be introduced soon and detailed Natural Farming Mission goals to reach 1 crore farmers, train 18 lakh, and expand across 75 lakh hectares.
  • Reports cited differing agriculture allocation figures for 2026–27—₹1,30,561 crore and ₹1,40,529 crore—while the Finance Bill is expected to be taken up in the Lok Sabha on March 23.