Railway Accounts Department Examinations

Wednesday, December 24, 2025

Vote of Credit


*Vote of Credit*

A Vote of Credit is a special grant approved by Parliament to meet unforeseen and emergency expenditure such as war, natural calamities, or national emergencies.

Key points:

• No fixed monetary limit

• Granted when exact expenditure cannot be estimated in advance

• Parliamentary approval is obtained even in emergencies

Purpose:

• Enables the Government to act quickly in urgent situations

• Maintains parliamentary control despite absence of detailed estimates

Example:

Urgent defence expenditure during a war may be met through a Vote of Credit.

Appendix3 Academy 
8247012698

Vote of Credit संसद द्वारा स्वीकृत एक special grant है, जिसका उपयोग unforeseen और emergency expenditure जैसे war, natural calamities या national emergencies के दौरान किया जाता है।

Key points:

• इसमें कोई fixed monetary limit नहीं होती

• यह तब प्रदान किया जाता है जब exact expenditure का अग्रिम आकलन संभव न हो

• Parliamentary approval आपात स्थिति में भी लिया जाता है

Purpose:

• सरकार को urgent situations में शीघ्र कार्य करने में सक्षम बनाता है

• detailed estimates के अभाव में भी parliamentary control बनाए रखता है

Example:
युद्ध के दौरान आवश्यक urgent defence expenditure को Vote of Credit के माध्यम से पूरा किया जा सकता है।

Appendix3 Academy
8247012698

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.