what is article 360 Article 360 Financial Emergency is a circumstance in which a country s financial stability or credit is threatened This could be due to internal or external factors such as a sharp drop in the value of the currency a
Article 360 gives President the power to declare financial emergency when the financial stability of India or a part there of is threatened Article 360 provides that if the President is satisfied that the financial stability or credit of India or any of its part is in danger he may declare a state of Financial Emergency Like the other two types of emergencies it has
what is article 360
what is article 360
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Article 360 in Constitution of India 360 Provisions as to financial emergency 1 If the President is satisfied that a situation has arisen whereby the financial stability or credit of India or of any According to Article 360 of the Indian Constitution the President may declare a Proclamation of financial emergency if he considers that the financial stability of India or any part of its territory
Constitution What is Article 360 Estimated reading time 2 min Provisions as to financial emergency 1 If the President is satisfied that a situation has arisen whereby the financial stability or credit of India or of any part of the territory thereof is threatened he may by a Proclamation make a declaration to that effect Article 352 to 360 of the Indian constitution deals with the provisions rules related to the emergency that enable the central government to meet any abnormal situation effectively
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This article explains Article 360 of the Indian Constitution which deals with the provision of financial emergency in India It has been published by Rachit Garg Table of The emergency provisions outlined in Article 352 to Article 360 of the Indian Constitution provide the government with essential tools to tackle various crises from internal
Article 360 empowers the president to proclaim a financial emergency if he is satisfied that a situation has arisen due to which the financial stability or credit of India or any part of its territory is threatened The Constitution exclaims about the Financial Emergency under Article 360 1 which provides If president is satisfied that situation has arisen whereby the financial stability
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what is article 360 - The emergency provisions are contained in Part XVIII of the Constitution of India from Article 352 to 360 These provisions enable the Central government to meet any