Difference between Ordinary Bill and Money Bill

The difference between the Ordinary Bill and Money Bill is explained here in detail. This topic is important from the perspective of the Indian Polity Syllabus. There are various types of bills that are introduced in either house of the Parliament to enact a law. Four types of bills are introduced in the Indian Parliament for different purposes.

  1. Ordinary Bill (Article 107, Article 108), this bill is concerned with any matter other than financial subjects. 
  2. Money Bill (Article 110), this bill is concerned with financial matters like taxation, public expenditure, etc. 
  3. Financial Bill (Article 117 [1], Article 117[3]), this bill is concerned with financial issues, but this bill is different from money bills, although both deal with financial matters.
  4. Constitutional Amendment Bill (Article 368), this bill is concerned with the Constitutional Amendment. The differences between the Ordinary Bill and Money Bill highlighted here can help the UPSC Civil Service exam aspirants to understand the basics better and know their comparisons thoroughly.

Difference between Ordinary Bill and Money Bill – UPSC Notes:- Download PDF Here

Aspirants would find this article very helpful while preparing for the IAS Exam.

Aspirants can check the following links to align their preparation for UPSC 2022 examination:

 

Major difference between Money Bill and Ordinary Bill

The major differences between Ordinary Bill and Money Bill are:

Ordinary Bill Money Bill
Ordinary Bills can be introduced in either Lok Sabha or Rajya Sabha. Money Bills can be introduced only in Lok Sabha.
Ordinary Bill can be introduced without the recommendation of the President Money Bills can be introduced only on the recommendation of the President
Either a Minister or private member can introduce the ordinary bill Only a Minister is allowed to introduce Money Bill in the Parliament
If the Ordinary Bill originated in the Lok Sabha, then it does not require the approval of the speaker when transmitted to Rajya Sabha. Money Bill requires the certification of the Lok Sabha Speaker when transmitted to Rajya Sabha.
Rajya Sabha has the power to reject or amend the Ordinary Bill  Rajya Sabha cannot amend or reject the Money Bill. The Money Bill has to be returned to the Lok Sabha with or without the recommendations of the Rajya Sabha. Lok Sabha has the power to reject or accept the recommendations of Rajya Sabha regarding the Money Bill.
The Rajya Sabha has the power to detain the Ordinary Bill for a period of 6 months. The Money Bill can be detained for a maximum period of 14 days only by the Rajya Sabha
Ordinary Bill is sent for the assent of the President only after being approved by both the houses, i.e. Lok Sabha and Rajya Sabha The Money Bill is sent for the President’s assent only after approval from the Lok Sabha. Money Bill does not require the approval of the Rajya Sabha before it is sent to the President for his assent.
Ordinary Bills can be returned for reconsideration, accepted or rejected by the President. Money Bills cannot be returned for reconsideration by the President. The President can only accept or reject it.
In case of deadlock on Ordinary Bill, there is a provision for a joint sitting In the case of Money Bill, if there is a deadlock, there is no provision of a joint sitting

After learning about the Ordinary Bill and Money Bill differences, it is better to know the details of Money Bill thoroughly. On top of it, to further strengthen your knowledge and preparation on the Indian Polity syllabus, learn about the Differences between Money Bill and Finance Bill, how a bill is passed in India, the different types of bills and the corresponding different stages involved while passing those different types of bills, the Presidential Assent to the Bills and information on Lapsing of Bills.

Visit the below-given links to learn about the Money Bill, Presidential Assent to the Bill, Difference between Money Bill and Finance Bill, how a bill is passed in India and Lapsing of Bills; in detail, along with other information. These are the main differences between an Ordinary Bill and Money Bill. The differences given in the above table can help the UPSC Civil Service Exam aspirants to answer any related questions easily in the exams.

UPSC Civil Service Exam aspirants should diligently study the Indian Polity Notes, which is an extremely important component of the UPSC Civil Service Exam Syllabus.

Difference between Ordinary Bill and Money Bill – UPSC Notes:- Download PDF Here

The above details would help candidates prepare for UPSC 2023.

FAQ about Ordinary Bill and Money Bill

Q1

Which bills can only be introduced in Lok Sabha?

Money Bills and Financial Bills (Category A) can only be introduced in Lok Sabha. Financial Bill Category A can only be introduced in the Lok Sabha on the recommendation of the President. However, once it has been passed by the Lok Sabha, it is like an ordinary Bill and there is no restriction on the powers of the Rajya Sabha on such Bills.
Q2

When does a bill become an act?

A Bill becomes an Act of Parliament after being passed by both the Houses of Parliament and assented to by the President.

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