 financial memorandumclause 3 of the bill provides for the purchase of cotton from cotton growers by the central government through the cotton corporation of india clause 5 provides that the entire cotton grown by small and marginal cotton growers shall be compulsorily insured free of cost by the central government against natural calamities, etc clause 6 provides for the establishment ofa cotton growers welfare fund to which the central government and state governments shall contribute in such ratio, as may be prescribed the bill, therefore, if enacted, would involve expenditure from the consolidated fund of india it is likely to involve a recurring expenditure of rupees two hundred crore per annum a non-recurring expenditure to the tune of rupees three hundred crore is also likely to be involved memorandum regarding delegated legislationclause 7 of the bill empowers the central government to make rules for carrying 'out the purposes of this bill the rules will relate to matters of detail only the delegation of legislative power is of a normal character 