Article 209 of CoI : Article 209: Regulation by law of procedure in the Legislature of the State in relation to financial business.
CoI
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Explanation using Example
Example 1:
Scenario: The State of Maharashtra needs to pass a budget for the upcoming financial year.
Application of Article 209: The Maharashtra State Legislature decides to introduce a new law to streamline the budget approval process. This law specifies that all financial bills, including the annual budget, must be submitted to the Legislature by the Finance Minister by the 1st of February each year. The law also outlines that the budget must be debated and approved by the 15th of March to ensure timely allocation of funds.
Outcome: Even if the existing rules of the Maharashtra Legislative Assembly under Article 208 allow for a different timeline, the new law made under Article 209 will take precedence. This ensures that the financial business is completed in a timely manner, preventing any delays in the allocation of funds for state projects and services.
Example 2:
Scenario: The State of Karnataka wants to introduce a new financial bill to allocate funds for a major infrastructure project.
Application of Article 209: The Karnataka State Legislature enacts a law that mandates any financial bill related to infrastructure projects must be reviewed by a special committee before being presented to the full Legislat...
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