Part XII · Distribution of Revenues between the Union and the States
Article 273 Grants in lieu of export duty on jute and jute products.
This article provides grants to jute growing States. Grants in lieu of the export duty on jute and jute products are charged on the Consolidated Fund of India each year. Assam, Bihar, Odisha, and West Bengal receive them. The payments run until Parliament provides otherwise.
- (1) There shall be charged on the Consolidated Fund of India in each year as grantsin-aid of the revenues of the States of Assam, Bihar, Odisha and West Bengal, in lieu of assignment of any share of the net proceeds in each year of export duty on jute and jute products to those States, such sums as may be prescribed.
- (2) The sums so prescribed shall continue to be charged on the Consolidated Fund of India so long as any export duty on jute or jute products continues to be levied by the Government of India or until the expiration of ten years from the commencement of this Constitution whichever is earlier.
- (3) In this article, the expression “prescribed” has the same meaning as in article 270.
What it means
Plain words summary of the article above. Not legal advice.
This article provides grants to jute growing States. Grants in lieu of the export duty on jute and jute products are charged on the Consolidated Fund of India each year. Assam, Bihar, Odisha, and West Bengal receive them. The payments run until Parliament provides otherwise.