(1) Notwithstanding anything in the foregoing provisions of this Chapter, the Legislative Assembly of a State shall have power—
(2) The provisions of articles 203 and 204 shall have effect in relation to the making of any grant under clause (1) and to any law to be made under that clause as they have effect in relation to the making of a grant with regard to any expenditure mentioned in the annual financial statement and the law to be made for the authorisation of appropriation of moneys out of the Consolidated Fund of the State to meet such expenditure.
Article 206 grants the Legislative Assembly of a State the power to approve financial allocations in advance, meet unforeseen expenses, and issue exceptional grants. These provisions ensure financial stability and preparedness.
Article 206 allows the State Legislature to allocate funds in advance, approve emergency financial grants, and issue exceptional grants to manage financial needs efficiently.
It enables the State to allocate funds quickly for unexpected demands without waiting for the full budgetary process.
For instance, if a State faces a sudden natural disaster and requires immediate financial aid, Article 206 allows for an advance grant or an exceptional grant to address the crisis without delays.
Article 206 ensures financial flexibility by allowing the State Legislature to allocate funds in advance, meet unforeseen expenditures, and issue exceptional grants, maintaining financial preparedness and stability.
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