Money bills and financial bills in India have distinct characteristics and implications for the legislative process. Compare and contrast.
Kartavya Desk Staff
Topic: Indian Constitution—historical underpinnings, evolution, features, amendments, significant provisions and basic structure.
Topic: Indian Constitution—historical underpinnings, evolution, features, amendments, significant provisions and basic structure.
2. Money bills and financial bills in India have distinct characteristics and implications for the legislative process. Compare and contrast. (250 words)
Difficulty level: Moderate
Reference: Insights on India
Why the question: The question is part of the static syllabus of General studies paper – 2. Key Demand of the question: To differentiate between a money bill and a financial Bill along with relevant constitutional provisions and contentious issue with money bill. Directive word: Compare and contrast – provide for a detailed comparison of the two types, their features that are similar as well as different. One must provide for detailed assessment of the two. Structure of the answer: Introduction: Given context of Articles 110 and 117 of the Indian Constitution. Body: Compare and contrast the money bills and financial bills on the following – while both money bills and financial bills deal with financial matters, lies in their origination, the requirement of the President’s recommendation, the process of passage, the role of the Rajya Sabha, and the Speaker’s certification etc. Give examples to substantiate. Next, throw light on the present controversy related to money bill and how often used as a tool for bypassing the Rajya Sabha, which can only make recommendations on such bills. Conclusion: Conclude by giving your balanced opinion.
Why the question:
The question is part of the static syllabus of General studies paper – 2.
Key Demand of the question:
To differentiate between a money bill and a financial Bill along with relevant constitutional provisions and contentious issue with money bill.
Directive word:
Compare and contrast – provide for a detailed comparison of the two types, their features that are similar as well as different. One must provide for detailed assessment of the two.
Structure of the answer:
Introduction:
Given context of Articles 110 and 117 of the Indian Constitution.
Compare and contrast the money bills and financial bills on the following – while both money bills and financial bills deal with financial matters, lies in their origination, the requirement of the President’s recommendation, the process of passage, the role of the Rajya Sabha, and the Speaker’s certification etc. Give examples to substantiate.
Next, throw light on the present controversy related to money bill and how often used as a tool for bypassing the Rajya Sabha, which can only make recommendations on such bills.
Conclusion:
Conclude by giving your balanced opinion.