Budget
The Annual Budget of a Gram Panchayat is a financial plan prepared in advance by estimating the income expected to be received and the expenditure to be incurred during a financial year. The budget serves as a basic document for effectively implementing the Panchayat’s development activities, public services, and welfare schemes.
Main Components of the Budget
Income Estimate
Includes tax revenue, license fees, government grants, project funds, and other sources of income.
Expenditure Estimate
Includes expenses for salaries, office administration, development projects, public works, sanitation activities, and social welfare schemes.
Development Project Allocation
Allocation of funds required for projects in various sectors.
Public Services
Expenses related to services such as drinking water supply, healthcare, street lighting, and waste management.