• UGI USER
  • Jul 16, 2024
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SUPREME COURT TO REVIEW USE OF MONEY BILLS

Why in the news?

  • Chief Justice D.Y. Chandrachud agreed to list petitions challenging the Centre’s use of Money Bills to pass contentious amendments in Parliament.
  • These petitions, including those by Rajya Sabha MP Jairam Ramesh, question if certain laws can be passed as Money Bills, bypassing the Rajya Sabha
source: edurev

About a Money Bill:

  • Definition: A Money Bill in India pertains solely to financial matters involving the Consolidated Fund of India.
  • Content Scope: Includes taxation, public expenditure, public debt, borrowing regulations, and fund management.
  • Constitutional Criteria: Must exclusively address specified financial subjects under Article 110.
Constitutional Provisions regarding Money Bill

  • Constitutional Provisions: Articles 109 and 198 outline special procedures for Money Bills.
  • Definition: Articles 110 and 199 define what constitutes a Money Bill in India.

About Articles in the Indian Constitution Deals with the Money Bill:

  • Article 109: Special procedure for Money Bills, emphasising Lok Sabha’s primacy and Rajya Sabha’s limited role in recommendations.
  • Article 110: Defines categories of financial matters exclusively addressed in Money Bills.
  • Article 111: Details President’s options to approve or reject Money Bills.
  • Article 117: Mandates Money Bills be introduced in Lok Sabha on President’s recommendation.

Associated Article:

https://universalinstitutions.com/daily-news-analysis-10/