Question

What happens if budget isn't passed in india?

Answer 1

Annual budget is a money bill which in simple language shows expenditure and revenue generation of Consolidated fund Of India ,As per constitution this fund must be managed by the central govt through the approval of the Loksabha(no approval required from Rajyasabha)  and hence this bill must have majority support in loksabha to pass,if majority members in loksabha vote against this money bill(budget),that means that the govt in power has not required support to carry out its policies and hence budget will be defeated and either council of ministers resign voluntarily and tell president that they don't have required majority or if they don't do so logically and obviously opposition will ask speaker for No Confidence Motion and if no confidence motion passes with majority then govt must resign.

Mind well for approval of budget simple majority(more than 272 out of545) votes are  required just in Loksabha,No roll of rajyasabha(no voting power in case of money bill) except just discussing.

Not yet happened in India any time.

In 1997 budget was passed on 28th Feb by PChidambaram evn though Devegowda govt was skeptical of it but on 21st April due to non majoruty support Devegowda resigned and IK gujaral was made Pm.

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