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Explained: The Money Bill route and why the opposition is up in arms

What is the role of the Rajya Sabha in the Indian parliament?

BS Web Team  |  New Delhi 

Yesterday, the opposition scored a minor, even if temporary victory, in the Rajya Sabha, when it recommended five amendments to be made to the Finance Bill 2017 passed by the Lok Sabha last week. The victory was shortlived as all the amendments were rejected by the Lok Sabha today and the Finance Bill 2017 was passed by the parliament thus completing the budgetary exercise for 2017-18. The Finance Bill was a Money Bill and the Upper House (Rajya Sabha) could not amend or reject this bill.  The passing of the Finance Bill (money bill) has sparked a controversy as it included ...

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First Published: Thu, March 30 2017. 17:47 IST
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