Write short notes on following topic
1.Introduction of money bill ?
2.Contiguency power ?
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Introduction of money bill
- A money bill can be introduced in lok sabha only on the recommendation of the president.
- The annual budget is laid before the parliament in the beginning of the financial year on the behalf of president.
Contingency Fund
- The president has power to withdraw the contingency fund to meet unforeseen expenditure .
- It must approved by the parliament .
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- President's assent in case of Money Bills
Money bills can be introduced in the Parliament only with prior recommendation of President. Due to this President can agree to that bill or withhold his assent but can NOT return a money bill to the house for reconsideration.
- ᴄᴏɴᴛɪɴɢᴇɴᴄɪᴇs ᴏғ ᴘᴏᴡᴇʀ, ᴛʜᴇsᴇ ғᴏᴜʀ ᴄᴏɴᴅɪᴛɪᴏɴs ᴀʀᴇ sᴜʙsᴛɪᴛᴜᴛᴀʙɪʟɪᴛʏ, ᴄᴇɴᴛʀᴀʟɪᴛʏ, ᴅɪsᴄʀᴇᴛɪᴏɴ, ᴀɴᴅ ᴠɪsɪʙɪʟɪᴛʏ. ᴛʜᴇsᴇ ᴄᴏɴᴛɪɴɢᴇɴᴄɪᴇs ᴀʀᴇ ɴᴏᴛ sᴏᴜʀᴄᴇs ᴏғ ᴘᴏᴡᴇʀ; ʀᴀᴛʜᴇʀ ᴛʜᴇʏ ᴅᴇᴛᴇʀᴍɪɴᴇ ᴛʜᴇ ᴇxᴛᴇɴᴛ ᴛᴏ ᴡʜɪᴄʜ ᴘᴇᴏᴘʟᴇ ᴄᴀɴ ʟᴇᴠᴇʀᴀɢᴇ ᴛʜᴇ ᴘᴏᴡᴇʀ ᴛʜᴇʏ ʜᴀᴠᴇ ᴛᴏ ᴍᴀᴋᴇ ᴛʜɪɴɢs ʜᴀᴘᴘᴇɴ ᴡɪᴛʜɪɴ ᴏʀɢᴀɴɪᴢᴀᴛɪᴏɴs.
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