Financial Powers

The financial powers and functions of the governor are:

1. He sees that the Annual Financial Statement (state budget) is laid before the state legislature.

2. Money bills can be introduced in the state legislature only with his prior recommendation.

3. No demand for a grant can be made except on his recommendation.

4. He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure.

5. He constitutes a finance commission after every five years to review the financial position of the panchayats and the municipalities.