A simple introduction to this answer can revolve around a general statement about the speaker of the Lok Sabha.

The role of the Speaker is critical in our parliamentary democracy. It has been claimed of the Speaker’s Office that, while members of Parliament represent specific constituencies, the Speaker symbolises the whole power of the House itself.

He/she represents the majesty and power of the House over which he/she presides. As a result, it is expected that the bearer of this high-ranking position will be able to represent the House in all of its forms.

Speaker holds Office from the date of his/her election till immediately before the first meeting of the Lok Sabha after the dissolution of the one to which he/she was elected. He/She is eligible for re-election. On the dissolution of the Lok Sabha, although the Speaker ceases to be a member of the House, he/she does not vacate his/her Office.

Article 93 for Lok Sabha and Article 178 for state Assemblies state that these Houses “shall, as soon as may be”, choose two of its members to be Speaker and Deputy Speaker.

Body

You may incorporate some of the following points in the body of your answer:

Role of the Speaker

In House

• He/she is guided by the provisions of the Constitution and the Rules of Procedure and Conduct of Business in Lok Sabha.
• He/She benefits from the Directions issued by his/her predecessors which are compiled periodically.
• He/she is assisted by the Secretary-General of the Lok Sabha and senior officers of the Secretariat on parliamentary activities and on matters of practice and procedure.
• In the absence of the Speaker, the Deputy Speaker discharges his/her functions. A member from the Panel of Chairmen presides over the House in the absence of both the Speaker and the Deputy Speaker.
• The Speaker has extensive functions to perform in matters administrative, judicial and regulatory, falling under his/her domain. He/She enjoys vast authority under the Constitution and the Rules, as well as inherently.
• He/she is the ultimate arbiter and interpreter of those provisions which relate to the functioning of the House. His/Her decisions are final and binding and ordinarily cannot be questioned, challenged or criticised.

In Regulating the Business of the House

• The final authority for adopting rules for regulating its procedure rests with each House, but a perusal of the rules of the Indian Parliament would indicate that the Presiding Officers in the two Houses are given vast powers by the rules.
• If a Bill is pending before the House, it is the Speaker who decides whether he/she should allow amendments to be moved to various clauses of the Bill or not. As regards regulating discussions in the House, it is the Speaker who decides as to when a member shall speak and how long he/she shall speak.
• The Speaker is the guardian of the rights and privileges of the House, its Committees and members. It depends solely on the Speaker to refer any question of privilege to the Committee of Privileges for examination, investigation and report. It is through him/her that the decisions of the House are communicated to outside individuals and authorities.
• It is the Speaker who decides the form and manner in which the proceedings of the House is published.
• He/She also issues warrants to execute the orders of the House, wherever necessary, and delivers reprimands on behalf of the House.
• He/She certifies Money Bills and decides finally what are money matters by reason of the Lok Sabha’s overriding powers in financial matters.
• The Speaker of the Lok Sabha who presides over joint sittings called in the event of disagreement between the two Houses on a legislative measure.