Skip to main content

Type of Grants

 Supplementary Grants

  • Supplementary Grant: It is granted when the amount authorised by the Parliament through the appropriation act for a particular service for the current financial year is found to be insufficient for that year.
    • It is specified by the Article 115 of the constitution of India, along with Additional and Excess Grants.
  • Other Grants:
    • In addition to the budget that contains the ordinary estimates of income and expenditure for one financial year, various other grants are made by the Parliament under extraordinary or special circumstances. Apart from Supplementary Grants, these include:
    • Additional Grant: It is granted when a need has arisen during the current financial year for additional expenditure upon some new service not contemplated in the budget for that year.
    • Excess Grant : It is granted when money has been spent on any service during a financial year in excess of the amount granted for that service in the budget for that year. It is voted by the Lok Sabha after the financial year. Before the demands for excess grants are submitted to the Lok Sabha for voting, they must be approved by the Public Accounts Committee of Parliament.
    • Vote of Credit: It is granted for meeting an unexpected demand upon the resources of India, when on account of the magnitude or the indefinite character of the service, the demand cannot be stated with the details ordinarily given in a budget. Hence, it is like a blank cheque given to the Executive by the Lok Sabha.
    • Exceptional Grant: It is granted for a special purpose and forms no part of the current service of any financial year.
    • Token Grant: It is granted when funds to meet the proposed expenditure on a new service can be made available by reappropriation. A demand for the grant of a token sum (of Re 1) is submitted to the vote of the Lok Sabha and if assented, funds are made available.
      • Reappropriation involves transfer of funds from one head to another. It does not involve any additional expenditure.
  • Votes on account, votes of credit and exceptional grants are specified in Article 116 of the constitution.
  • Supplementary, additional, excess and exceptional grants and vote of credit are regulated by the same procedure which is applicable in the case of a regular budget.



Comments

Popular posts from this blog

evaporation

what causes water to evaporate every fluid (pure) has a definite vapor pressure at a fixed temperature , now if any how the partial presuure of the fluiid is less then the the vapor pressure of the fluid then the fluid starts evaporating to attain the partial pressure equal to the  vapor pressure of the fluid, and then the equllibrium is reached and evaporation stops.                              basically at the top of the fluid there is a random motion of the fluid molecule due to the difference between the adhasive and cohesive forces, some molecule say 'n' goes into the vapur phase and some strikes back say m such that n>m then after the above explained condition is achived then the constraint m=n. conclusion whenever there is the fluid in liquid state is  present then in that system partial pressure is exactly to the va...

The design of the policies and schemes meant to help farmers will greatly benefit intended beneficiaries if the definition of ‘farmers’ is unambiguous and comprehensive. Analyse.

Santhal Paragana Tenancy Act, 1949 : Overview and issues

Colonial Background:- Administrative division of Santhal Parganas covers the geographical area of Rajmahal hills, and valleys and plains area along the hills. This area was never under jurisdiction of any of the rulers before the arrival of colonial power, more so Damin–i-koh area ( Jungelarry tracts). This area was semi-independent country under Pahariya tribes .The East India Company introduced extractive zamindari system through Zamindars of Sultanbad (Maheshpur) and Ambar (Pakur) to maximise land revenue and also introduced market and monetary economy into the primitive tribal economy in the 18th century. These Zamindars, traders, money lenders, contractors, other service providers and company employees started exploiting the innocent tribal and evicted tribal from their own land. This led to Pahariya Sirkars in 1777-78 and more famous Santhal Insurrection (popularly called Hul) of 1855-57. During this time, British introduced a special system of administration and for this Act XXX...