Question

which institution exercises greater power over the union budget​

Answer 1

Parliament exercises the greater power over the union budget

Explanation:

• Budget is nowhere mentioned in the Indian constitution. It is mentioned as the “Annual financial statement” in Article 112.
• Recently Union government impose two changes in budget such as merged the railway budget with Union budget and changed the date of laid the budget from February end to January end.
• Lok Sabha had more powers to handle in the Union budget than Rajya Sabha.
• Finance minister was the responsible one to laid the budget in Parliament; Nirmala Seetharaman is the present Finance Minister of India.

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Answer 2

Answer:

dash is the presding officer of rajya sabha