Managing Finances and Contracts: An Exploration of Articles 294 to 300 in the Indian Constitution with Case Law Insights
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Managing Finances and Contracts: An Exploration of Articles 294 to 300 in the Indian Constitution with Case Law Insights Articles 294 to 300: Property and Assets of the States and the Union Articles 294 to 300 of the Indian Constitution outline provisions regarding the property, assets, and revenue of the States and the Union. This discussion aims to explore these constitutional provisions, emphasizing their contemporary relevance and incorporating relevant case laws. Constitutional Provisions: - Article 294: Deals with the custody of the Consolidated Funds of the States and Union Territories. - Article 295: Addresses the property and assets of the former Indian States. - Article 296: Establishes the Public Debt of States and the Union. - Article 297: Governs all property and assets declared by the Constitution to be the property of the Union. - Article 298: Empowers the Union and States to regulate contracts. - Article 299: Specifies the method of contract-making on behalf of th...