Discuss the role of the cabinet in financial matters

The Cabinet is a small body of senior members of the party who are included in the Council of Ministers. Cabinet Ministers hold important portfolios and decide major policies of the government. The Cabinet is the nucleus of the administration as important decisions are taken by it. The policies formulated by the Cabinet Ministers have to be followed by other ministers. The Prime Minister selects the senior and the most trustworthy members of his party and advises the President to appoint them. The role of the cabinet in financial matters is discussed below

Role of the cabinet in financial matters

(i) The Cabinet is responsible for the expenditure of the government, for presenting the demand for grants, and also for raising necessary income by various means including taxation.

(ii) The Finance Minister after thorough discussion and with the co-operation of other Ministers, prepares the budget for the coming financial year.

(iii) It is the responsibility of the Finance Minister to present the budget in its final shape before the Lok Sabha.


Prime Minister and Council of Ministers

India has a parliamentary form of government in which the Prime Minister is the real head of the country. The President is the nominal head who acts on the advice of the Prime Minister. Read more

The High Courts and Subordinate Courts

The Constitution of India has provided for a High Court for each state. However, there may be one High Court for two states or union territories. This depends on the area and the population of the state or union territory. There are 21 High Courts in India. Delhi is the only union territory that has a High Court of its own. Read more

The Supreme Court

The Supreme Court is the head of the Indian judiciary and supervises the functions of the lower courts. A single civil and criminal system of laws operates all over the country. By the way of appeal, cases from the High Court may be taken to the Supreme Court. Read more

Discover more from Home of learning

Subscribe now to keep reading and get access to the full archive.

Continue reading

Scroll to Top