In this Post, You know about Article 298 Of Indian Constitution In English. If you do not know about what is Article 298, then this post you will give you complete information about that Indian Constitution Article.
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Article 298 Of Indian Constitution In English
Article 298 – Power to carry on trade, etc.
The executive power of the Union and of each State shall extend to the carrying on of any trade or business and to the acquisition, holding and disposal of property and the making of contracts for any purpose: Provided that (a) the said executive power of the Union shall, in so far as such trade or business or such purpose is not one with respect to which Parliament may make laws, be subject in each State to legislation by the State; and
(b) the said executive power of each State shall, in so far as such trade or business or such purpose is not one with respect to which the State Legislature may make laws, be subject to legislation by Parliament.
Article 298 In English
298 Article – Power to do business etc.
The executive power of the Union and of each State shall extend to carrying on any trade or business and to the acquisition, holding and disposal of property and to contract for any purpose: Provided that (a) the said executive power of the Union, in so far as such business or business or any object with respect to which Parliament may make laws, shall be subject to legislation by the State in each State; And
(b) the said executive power of each State shall, in so far as it is not one such trade or profession or object in respect of which the State Legislature may make laws, shall be subject to law by Parliament.
Note- All the things mentioned in this have been taken from the Indian Constitution itself. That is, it is the word of the constitution.
What Is Article 298 Of Indian Constitution?
In Article 298 you see “Power to carry on trade, etc” that means The executive power of the Union and of each State shall extend to the carrying on of any trade or business and to the acquisition, holding and disposal of property and the making of contracts for any purpose: more above.
Article 298 Debate Summary
The draft Article 272 (Article 298, Constitution of India 1950) was debated on 15 June 1949. The draft Article gave the Union and State officials the power to give, sell, sell or mortgage any property held by them and the power to buy. Acquire assets and make contracts.
The Chairman of the Drafting Committee introduced an amendment to include the States under Part III of Schedule I (Princely States) within the ambit of this Article. The amendment was accepted without any debate. The draft article as a whole was adopted without any substantial discussion.
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