Which Bill comes under the exclusive jurisdiction of the Lok Sabha? (A) Money Bill (B) Finance Bill (C) Constitution Amendment Bill (D) None of these

Points to Remember:

  • Exclusive jurisdiction of the Lok Sabha refers to the bills that only the Lok Sabha can introduce and amend.
  • The Rajya Sabha’s role is limited in such cases.
  • Understanding the differences between Money Bills, Finance Bills, and Constitution Amendment Bills is crucial.

Introduction:

The Indian Constitution outlines a bicameral legislature comprising the Lok Sabha (House of the People) and the Rajya Sabha (Council of States). While both houses play crucial roles in lawmaking, certain bills fall under the exclusive jurisdiction of the Lok Sabha. This question focuses on identifying which type of bill enjoys this exclusive power. Article 109 of the Indian Constitution specifically addresses the legislative procedure for Money Bills, highlighting the Lok Sabha’s dominance in this area.

Body:

1. Money Bills:

A Money Bill, as defined by Article 110 of the Constitution, is a bill that deals exclusively with matters concerning taxation, borrowing, and expenditure of the government. Key features include:

  • It can only be introduced in the Lok Sabha.
  • The Rajya Sabha can only make recommendations within 14 days of receiving the bill; it cannot reject or amend it.
  • The Lok Sabha can accept or reject the Rajya Sabha’s recommendations. The Lok Sabha’s decision is final.

2. Finance Bills:

A Finance Bill is broader than a Money Bill. It encompasses the annual budget, including taxation proposals, but can also include other financial matters not strictly confined to the definition of a Money Bill. While the Lok Sabha initiates the Finance Bill, the Rajya Sabha has more power than with a Money Bill. The Rajya Sabha can amend the Finance Bill, but the Lok Sabha has the final say.

3. Constitution Amendment Bills:

Constitution Amendment Bills require the passage of both houses of Parliament. There is no exclusive jurisdiction for either house in this case. Both the Lok Sabha and the Rajya Sabha must approve the bill, with a special majority (two-thirds of the members present and voting) in each house.

Conclusion:

In summary, only Money Bills (A) fall under the exclusive jurisdiction of the Lok Sabha. Finance Bills and Constitution Amendment Bills require the involvement of both houses, although the Lok Sabha plays a significant role in the former. The unique legislative procedure for Money Bills reflects the Constitution’s intention to grant the Lok Sabha, representing the people directly, greater control over matters of public finance. This arrangement ensures accountability and democratic control over government spending and taxation. Maintaining this clear demarcation between the powers of the two houses is crucial for the smooth functioning of India’s parliamentary democracy and upholding the principles of financial prudence and transparency.

JPSC Notes brings Prelims and Mains programs for JPSC Prelims and JPSC Mains Exam preparation. Various Programs initiated by JPSC Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––