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Difference Between Ordinary Bill and Money Bill UPSC Notes| Download PDF
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Ordinary bills and money bills are two types of bills that can be introduced in the Indian Parliament. The major difference between ordinary bill and money bill is that money bills can only be introduced in the Lok Sabha. The ordinary bills can be introduced in either house of Parliament. Ordinary bills deal with matters other than finance. Money bills deal with financial matters such as taxation, borrowing, and spending.
This topic of Difference between money bill and ordinary bill UPSC is important from the perspective of the UPSC IAS Examination. It falls under General Studies Paper 2 (Mains) and General Studies Paper 1 (Prelims) particularly in the Polity section.
In this article on the Difference between money bill and ordinary bill UPSC, we shall discuss the Money Bill, Ordinary Bill, and the Difference Between Ordinary Bill And Money Bill!
Difference Between Money Bill and Ordinary Bill
The difference between money bill and ordinary bill in tabular form has been given below:
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Difference Between Ordinary Bill and Money Bill |
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Ordinary Bill |
Money Bill |
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Ordinary bills can be introduced in both houses of the Parliament that are either Lok Sabha or Rajya Sabha. |
A money bill can only be introduced in the lower house of the Parliament, the Lok Sabha. |
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A recommendation of the President is not necessary for the introduction of the ordinary bill. |
The Recommendation of the President is mandatory before introducing the money bill in the Lok Sabha. |
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Ordinary bills can be introduced either by a government minister or by a private member of the Lok Sabha or the Rajya Sabha. |
The money bill can be introduced only by a Minister of the government. |
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Suppose the ordinary Bill is first introduced in the Lok Sabha. In that case, the approval of the Lok Sabha speaker is not needed before sending the ordinary Bill to the Rajya Sabha. |
In the case of the money bill, the approval of the Lok Sabha speaker is necessary before the money bill is sent from the Lok Sabha to the Rajya Sabha. |
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Ordinary bills can be rejected or amended by the Rajya Sabha. |
A money bill cannot be amended or rejected by the Rajya Sabha. |
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Ordinary Bill has to be passed within 6 months from the date it is introduced in the Rajya Sabha. |
The money bill must be sent from the Rajya Sabha back to the Lok Sabha in only 14 days, with or without recommendations. |
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Ordinary bill is mandated to be sent to the president for his assent only when the bill is passed by both the houses of the Parliament. |
The money bill is mandatory to receive the approval of the Lok Sabha before it is sent for the President’s assent. |
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The President can return it for reconsideration, accept it or reject it. |
The president has to either accept it or reject it. |
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When there is a deadlock on an ordinary bill, a joint sitting of both houses of the Parliament is held. It is presided over by the speaker of the Lok Sabha. |
When there is a deadlock on a money bill, the constitution has no provision of holding a joint sitting. |
Also, learn about Finance Bill from the linked article.
What is an Ordinary Bill?
An Ordinary Bill refers to a proposed law introduced in the Indian Parliament that does not fall under the category of a Money Bill or a Constitutional Amendment Bill. It covers a wide range of legislative matters, such as creating new laws, amending existing laws, or repealing certain provisions. An Ordinary Bill requires the approval of both houses of Parliament, i.e., the Lok Sabha (Lower House) and the Rajya Sabha (Upper House), before it can be sent for the President's assent and become an enactment.
Also, study the Difference Between Finance Bill and Money Bill from the linked article.
What is a Money Bill?
A Money Bill is a proposed law that specifically deals with matters related to taxation, government expenditure, borrowing, or the Consolidated Fund of India. It is defined in Article 110 of the Indian Constitution. A Money Bill can only be introduced in the Lok Sabha and does not require the approval of the Rajya Sabha. After being passed by the Lok Sabha, it is sent to the Rajya Sabha for its recommendations, which the Lok Sabha may or may not accept. Ultimately, the Money Bill is sent to the President for assent and becomes law if approved.
Check out the treasury bills here.
Conclusion
The method for approving a money bill in Parliament has limited the Rajya Sabha’s capacity to avoid delays. It is worth noting, however, that no Bill, other than a Money Bill, may become law until it is passed by both Houses of Parliament. The distinctions between a Money Bill and an Ordinary Bill are as follows. The legislative procedure for all Bills is generally similar, but the Money Bill had one distinguishing feature: it gave the Lower House of Parliament entire authority.
Also, check out Assent to Bills here.
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Key Takeaways for UPSC Aspirants
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Difference Between Money Bill and Ordinary Bill UPSC FAQs
What is the difference between a Money Bill and an Ordinary Bill?
The main difference is that a Money Bill deals with matters of taxation, government expenditure, borrowing, or the Consolidated Fund. An Ordinary Bill covers a wide range of legislative matters, excluding those specific to a Money Bill.
What is the difference between an Ordinary Bill, Money Bill, and Finance Bill?
An Ordinary Bill covers general legislative matters. A Money Bill deals with taxation, government expenditure, etc. A Finance Bill specifically pertains to the government's financial policies, such as tax proposals, allocation of funds, and other monetary matters.
What is an Ordinary Bill?
An Ordinary Bill refers to a proposed law introduced in the Indian Parliament that does not fall under the category of a Money Bill or a Constitutional Amendment Bill. It covers various legislative matters.
How is an Ordinary Bill passed?
An Ordinary Bill is introduced in either house of Parliament, goes through several stages of debate and scrutiny, and requires the approval of both the Lok Sabha and the Rajya Sabha before being sent for the President's assent.
What is an example of an Ordinary Bill?
An example of an Ordinary Bill could be the introduction of a new law on education, labor, healthcare, or any other non-financial matter that does not pertain to taxation, government expenditure, or borrowing.