 financial memorandumclause 2 of the billseeks to inserta newarticle21b in the constitution, which makes the state responsible for provitling social security to allithe citizens thus, it 'would become the duty of the state to provide social security according to the needs of diverse sectionsof population, 'the total overall financial burden:due to implementation of obligations under the proposed provision would be shared between central and state governments in the ratio of sevemty'five and twenty five per cent, respectively atthis stage, itis not possible to estimate the total financial implication in case this bill is enactedand implemented however, if the bill is enacted-and implemented approximate recurring expenditure of rupees five thousand crore from the consolidated fund of india perannum is likely to'be involved a non-recurring expenditure to the tune of rupees fivethousand crore is also liklely:to be involved from the consolidated fund of india annexure extract prom the constitution of india,2a the state shall provide free and compulsory education to all children of the age of six to fourteen years in such manner as the state, by jaw, determine 41, the state shall, within the limits of its economic capacity and development, make effective provision for securing the right to work, to education and to public assistance in cases of unemployment, old age, sickness and disablement, and in other cases of undeserved want right to education right t0 work, t0 educating and to public assistance in certain cases