■ FINANCIAL POWERS OF GOVERNOR
#Governor
The financial powers and functions of the governor are:
◇ He sees that the Annual Financial Statement (state budget) is laid before the state legislature.
◇ Money bills can be introduced in the state legislature only with his
prior recommendation.
◇ No demand for a grant can be made except on his recommendation.
◇ He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure.
◇ He constitutes a finance commission after every five years to reviewthe financial position of the panchayats and the municipalities.
▪︎JOIN - @upsc_polity_notes
#Governor
The financial powers and functions of the governor are:
◇ He sees that the Annual Financial Statement (state budget) is laid before the state legislature.
◇ Money bills can be introduced in the state legislature only with his
prior recommendation.
◇ No demand for a grant can be made except on his recommendation.
◇ He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure.
◇ He constitutes a finance commission after every five years to reviewthe financial position of the panchayats and the municipalities.
▪︎JOIN - @upsc_polity_notes