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of <h1>Constitution exempts early government funds from Consolidated Fund rules until March 31, 1950, ensuring legal continuity</h1> The constitutional provisions clarify that the rules governing the Consolidated Fund of India and of the States do not apply to moneys received, raised, or expenditures made by the central or state governments between the commencement of the Constitution and March 31, 1950. Expenditures during this period are deemed properly authorized if they were specified in a schedule authenticated under the Government of India Act, 1935, by the relevant colonial authority or authorized by the state's Rajpramukh according to pre-existing rules. This ensures continuity and legality of financial transactions during the transitional period following the Constitution's commencement.
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