Ordinary bills and money bills are two types of bills that can be introduced in the Indian Parliament. The major difference between ordinary bill and money bill is that money bills can only be introduced in the Lok Sabha. The ordinary bills can be introduced in either house of Parliament. Ordinary bills deal with matters other than finance. Money bills deal with financial matters such as taxation, borrowing, and spending. 

This topic of Difference between money bill and ordinary bill UPSC is important from the perspective of the UPSC IAS Examination. It falls under General Studies Paper 2 (Mains) and General Studies Paper 1 (Prelims) particularly in the Polity section. 

In this article on the Difference between money bill and ordinary bill UPSC, we shall discuss the Money Bill, Ordinary Bill, and the Difference Between Ordinary Bill And Money Bill!

Difference Between Money Bill and Ordinary Bill

The difference between money bill and ordinary bill in tabular form has been given below:

Also, learn about Finance Bill from the linked article.

What is an Ordinary Bill? 

An Ordinary Bill refers to a proposed law introduced in the Indian Parliament that does not fall under the category of a Money Bill or a Constitutional Amendment Bill. It covers a wide range of legislative matters, such as creating new laws, amending existing laws, or repealing certain provisions. An Ordinary Bill requires the approval of both houses of Parliament, i.e., the Lok Sabha (Lower House) and the Rajya Sabha (Upper House), before it can be sent for the President's assent and become an enactment.

Also, study the Difference Between Finance Bill and Money Bill from the linked article.

What is a Money Bill?

A Money Bill is a proposed law that specifically deals with matters related to taxation, government expenditure, borrowing, or the Consolidated Fund of India. It is defined in Article 110 of the Indian Constitution. A Money Bill can only be introduced in the Lok Sabha and does not require the approval of the Rajya Sabha. After being passed by the Lok Sabha, it is sent to the Rajya Sabha for its recommendations, which the Lok Sabha may or may not accept. Ultimately, the Money Bill is sent to the President for assent and becomes law if approved.

Also, check out Assent to Bills here.

Similarities Between Money Bill and Ordinary Bill

• Both the Money Bill and the Ordinary Bill are defined under the Indian constitution.
• A Money Bill and an Ordinary Bill can both be introduced in the Lok Sabha.
• A minister is the only common person who may introduce both the Money Bill and the Ordinary Bill in Parliament.
• The Lok Sabha has the authority to reject both the Money Bill and the Ordinary Bill.

Check out the treasury bills here.

Conclusion

The method for approving a money bill in Parliament has limited the Rajya Sabha’s capacity to avoid delays. It is worth noting, however, that no Bill, other than a Money Bill, may become law until it is passed by both Houses of Parliament. The distinctions between a Money Bill and an Ordinary Bill are as follows. The legislative procedure for all Bills is generally similar, but the Money Bill had one distinguishing feature: it gave the Lower House of Parliament entire authority.

Difference Between Money Bill and Ordinary Bill UPSC Polity: Download Pdf Here!

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