Which one of the following statements about Money Bill is not correct?
The Council of States has no power to discuss the Money Bill.
Understanding Money Bills in the Indian Parliament
A Money Bill is a special type of bill in the Indian parliamentary system that contains only provisions dealing with matters listed in Article 110 of the Constitution. These matters relate to taxes, government borrowing, appropriation of money out of the Consolidated Fund of India, etc.
Money Bills have a unique legislative procedure which gives more power to the Lok Sabha (House of the People) and limits the role of the Rajya Sabha (Council of States).
Analyzing the Statements about Money Bills
Let's examine each statement provided in the options based on the constitutional provisions related to Money Bills:
- Money Bill cannot be introduced in the Council of States.
According to Article 109(1) of the Constitution, a Money Bill shall not be introduced in the Council of States. It can only be introduced in the House of the People (Lok Sabha).
This statement is correct.
- The Council of States has no power to reject or amend the Money Bill.
As per Article 109(2), after a Money Bill is passed by the Lok Sabha, it is transmitted to the Rajya Sabha for its recommendations. The Rajya Sabha must return the bill with its recommendations within a period of fourteen days from the date of its receipt. The Lok Sabha may either accept or reject all or any of the recommendations of the Rajya Sabha. If the Lok Sabha accepts any recommendations, the bill is deemed to have been passed by both Houses with those amendments. If the Lok Sabha does not accept any recommendations, the bill is deemed to have been passed by both Houses in the form in which it was passed by the Lok Sabha without any of the amendments recommended by the Rajya Sabha. If the Rajya Sabha does not return the bill within fourteen days, it is deemed to have been passed by both Houses at the expiration of the said period in the form in which it was passed by the Lok Sabha.
This procedure clearly indicates that the Rajya Sabha cannot reject or amend the Money Bill. It can only make recommendations.
This statement is correct.
- The Speaker of the Lok Sabha has the sole and final power in deciding whether a Bill is a Money Bill or otherwise.
Article 110(3) of the Constitution states that if any question arises whether a Bill is a Money Bill or not, the decision of the Speaker of the House of the People thereon shall be final. The Speaker's certificate on a bill is conclusive evidence that it is a Money Bill.
This statement is correct.
- The Council of States has no power to discuss the Money Bill.
While the powers of the Council of States (Rajya Sabha) regarding a Money Bill are limited to making recommendations within 14 days and it cannot reject or amend it, the Rajya Sabha is certainly allowed to discuss the bill. The process of making recommendations inherently involves discussion on the provisions of the bill.
This statement is incorrect.
Identifying the Incorrect Statement
The question asks which one of the following statements about Money Bill is not correct. Based on our analysis, the statement that is incorrect is: "The Council of States has no power to discuss the Money Bill." The Council of States does have the power to discuss the Money Bill, even though its legislative power over it is restricted.
Revision Table: Money Bill Procedures
| Aspect | Lok Sabha (House of the People) | Rajya Sabha (Council of States) |
|---|---|---|
| Introduction | Can be introduced only in Lok Sabha | Cannot be introduced in Rajya Sabha |
| Passage | Passes the bill | Can only make recommendations within 14 days; cannot reject or amend |
| Recommendations | Can accept or reject Rajya Sabha's recommendations | Sends recommendations to Lok Sabha |
| Discussion | Discusses the bill | Can discuss the bill |
| Speaker's Role | Speaker certifies if a bill is a Money Bill (final decision) | No such role for the Chairman of Rajya Sabha |
Additional Information on Money Bills
Understanding the special procedure for Money Bills is crucial for grasping the financial powers of the Parliament. This procedure ensures that the Lok Sabha, which is directly elected by the people, has the primary control over government finance and taxation matters.
- Article 110 defines what constitutes a Money Bill.
- Money Bills require the recommendation of the President for introduction.
- In case of a disagreement between the two Houses on a bill, a joint sitting may be called. However, Article 108(1) explicitly states that a joint sitting is *not* applicable to a Money Bill. The Lok Sabha's will generally prevails due to its larger membership and the special procedure outlined in Article 109.
- Once a Money Bill is passed by the Lok Sabha and the Rajya Sabha returns it (or is deemed to have returned it), it is presented to the President for assent. The President can either give assent or withhold assent but cannot return a Money Bill for reconsideration of the Houses.
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