If the Finance Minister fails to get the Annual Budget passed in the ...
If Lok Sabha refuses to pass annual budget, then it will mean the government of the day has lost the faith of Lok Sabha i.e. it does not have majority of Lok Sabha. It will force the PM to resign and request Lok Sabha to pass vote on accounts to take care of finances till the new arrangement is found.
If the Finance Minister fails to get the Annual Budget passed in the ...
Explanation:
The Finance Minister presents the Annual Budget in the Lok Sabha, which is the lower house of the Parliament. The budget needs to be passed by the Lok Sabha for it to become effective. If the Finance Minister fails to get the Annual Budget passed in the Lok Sabha, the Prime Minister is expected to submit the resignation of his/her cabinet.
Reason:
The Annual Budget is a crucial policy document that outlines the government's plans for revenue generation and expenditure for the upcoming financial year. It is a reflection of the government's economic policies and priorities. If the budget fails to get passed in the Lok Sabha, it indicates a lack of support for the government's policies and a loss of confidence in the Finance Minister.
Constitutional Provision:
According to Article 75(3) of the Indian Constitution, the Council of Ministers, including the Prime Minister, is collectively responsible to the Lok Sabha. This means that if the government is unable to pass important legislation, such as the Annual Budget, it is seen as a failure of the government as a whole.
Consequence:
In such a scenario, the Prime Minister is expected to take responsibility for this failure and offer the resignation of his/her cabinet to the President. This allows the President to assess the situation and decide whether to accept the resignation or explore other alternatives.
Importance of Resignation:
The resignation of the cabinet signifies that the government acknowledges its inability to secure the necessary support for its policies. It also gives the President the opportunity to either invite another political party or coalition to form a government or dissolve the Lok Sabha and call for fresh elections.
Conclusion:
If the Finance Minister fails to get the Annual Budget passed in the Lok Sabha, the Prime Minister is expected to submit the resignation of his/her cabinet. This is in line with the constitutional provision of collective responsibility and allows for a democratic process to unfold in order to determine the next course of action.