Grants in Lieu of Export Duty on Jute and Jute Products
(1) 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.
What this Article actually means
How it shows up in everyday life
This Article is a good example of how the original 1950 Constitution's financial provisions sometimes addressed very specific regional economic realities (jute being a major export crop for eastern India) rather than only setting up generic, one-size-fits-all rules.
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Quick answers about Article 273
Is this Article still practically significant given how India's economy has changed since 1950?
The text above reproduces Article 273 of the Constitution of India as amended to date, for general educational reference. It is public-domain legislative text, but we recommend cross-checking the authoritative version at legislative.gov.in or india.gov.in before relying on it for a legal matter. The explanation, examples and FAQs are general information, not legal advice — consult a qualified advocate for guidance on your specific situation.