Financial emergency proclamation allows President to direct states' financial measures and reduce public servants' salaries. A financial emergency may be proclaimed by the President when the financial stability or credit of India or any part is threatened; such Proclamation may be revoked or varied, must be laid before both Houses of Parliament and ceases after two months unless approved by resolutions of both Houses. During its operation the executive authority of the Union extends to giving directions to States to observe specified canons of financial propriety and other necessary directions, including reduction of salaries and reservation of State Money Bills for the President; the President may also direct reduction of Union salaries including judges'.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Financial emergency proclamation allows President to direct states' financial measures and reduce public servants' salaries.
A financial emergency may be proclaimed by the President when the financial stability or credit of India or any part is threatened; such Proclamation may be revoked or varied, must be laid before both Houses of Parliament and ceases after two months unless approved by resolutions of both Houses. During its operation the executive authority of the Union extends to giving directions to States to observe specified canons of financial propriety and other necessary directions, including reduction of salaries and reservation of State Money Bills for the President; the President may also direct reduction of Union salaries including judges'.
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