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Budget in Parliament
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This lesson covers all the six stages of enactment of Budget in Parliament.

Prasanna Naidu
Law Grad | Blogger & YouTuber @ BuddingLawyers | Interested in Legal tech, Entrepreneurship, Judicial Reforms |

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  1. Presentation of Budget 2 parts Ralway & General Budget Both Same procedure Rail Budget LS-Rail Minister Gen Budget LS Finance Minister FM-budget speech - RS- only discuss General Discussion LS- discuss - whole/any qt. of principle No cut motion, no vote Houses adjourned- 3 to 4 weeks 24 dept standing committees examine & discuss in detal the demands for grants of concerned ministers Stages in Enactment (6 stages) Budget-Annual Financial Statement Voting on Demands for Grants Reports submitted both Houses s-voting Meaning estimated receipts & expenditure of Govt. types of expenditure expenditure 'charged upon the Consolidated Fund of India & expenditure 'made from the Consolidated Fund of India d becomes a grant after been duly voted Woting-exclusive privilege - Ls Voting only on votable part of Budget Gen. Budget (103 demands) Rail Budget (32 demands) Each demand voted separately 3 kinds of cut motion- Policy, Economy, Token Charged. . nonvotable-only discussed Budget discuss- cut motion Made can be voted V Last day Speaker all remaining demands- vote Passing of Appropriation BiM Fund except o money withdrawn from appropriation by law Passing of Finance BIW introduced to give effect to financial proposals of Govt. Finance Act completes the process Govt cannot withdraw money unless.