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Write a detailed long answer on : The Parliamentary control over financial administration in India.

Question

Write a detailed long answer on : The Parliamentary control over financial administration in India.

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Solution

The Parliamentary control over financial administration in India is a crucial aspect of the democratic functioning of the country. This control is exercised in several ways, which can be broadly categorized into the following steps:

  1. Budgetary Control: The most direct way in which the Parliament exercises control over the finances is through the approval of the budget. The government cannot levy any tax or spend any money from the Consolidated Fund of India without the approval of the Parliament. The budget, which is presented by the Finance Minister, is thoroughly discussed and scrutinized by the members of the Parliament before it is approved.

  2. Financial Committees: The Parliament has established several financial committees to exercise control over financial administration. These include the Public Accounts Committee, the Estimates Committee, and the Committee on Public Undertakings. These committees scrutinize the expenditure of the government, assess the efficiency of public undertakings, and ensure that the money is being spent for the purpose it was sanctioned.

  3. Question Hour and Zero Hour: The members of the Parliament can ask questions related to financial matters during the Question Hour and Zero Hour. This allows them to seek information about the financial policies of the government and hold it accountable for its decisions.

  4. Discussions and Debates: The Parliament often holds discussions and debates on financial matters. These provide a platform for the members to express their views on the financial policies of the government and suggest changes if necessary.

  5. Audit Reports: The Comptroller and Auditor General (CAG) of India audits the accounts of the government and submits reports to the Parliament. These reports are examined by the Public Accounts Committee, which can call for explanations from the government if any irregularities are found.

  6. Adjournment Motions and No-Confidence Motions: The members of the Parliament can move adjournment motions and no-confidence motions against the government if they are not satisfied with its financial administration. If the motion is passed, the government is obliged to resign.

In conclusion, the Parliamentary control over financial administration in India is a comprehensive process that involves several mechanisms. It ensures that the government is accountable for its financial decisions and that the public money is used in the best possible manner.

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