FINANCE, PROPERTY, CONTRACTS AND SUITS
Distribution of Revenues between the Union and the States
273. Grants in lieu of export duty on jute and jute products.-
There shall be charged on the Consolidated Fund of India in each year
as grants-in-aid of the revenues of the States of Assam, Bihar, Orissa
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.