Budget - 2020-21
Gram Panchayat Budget Summary (2020-21)
As per the figures provided, the actual revenue and expenditure for the year 2018-19, the revised budget for the year 2019-20 and the budget estimates for the year 2020-21 can be divided into the following main areas:
1. Opening Balance
2018-19: Rs. 10,442,534.00
2019-20 (Revised): Rs. 37,494,588.00
2020-21 (Budget): Rs. 29,503,142.00
2. Income
Total Revenue Income: Revenue income is the sum of own funds (including tax, non-tax income and general purpose fund) and other scheme/non-scheme grants.
2018-19: Rs. 95,735,042.00
2019-20 (Revised): Rs. 127,868,104.00
2020-21 (Budget): Rs. 117,649,000.00
Total Capital Income: This includes both loans and non-loan capital income.
2018-19: Rs. 28,120,740.00
2019-20 (Revised): Rs. 34,164,006.00
2020-21 (Budget): Rs. 26,039,000.00
Total Income (M):2018-19: Rs. 123,855,782.00
2019-20 (Revised): Rs. 162,032,110.00
2020-21 (Budget): Rs. 143,688,000.00
Total Income + Net Opening Balance: The expected figure for the year 2020-21 is Rs. 173,191,142.00.
3. Expenditure
Total Revenue Expenditure: This includes compulsory duties, plan expenditure and non-plan expenditure.
2018-19: Rs. 93,432,439.00
2019-20 (Revised): Rs. 147,859,550.00
2020-21 (Budget): Rs. 131,228,200.00
Total Capital Expenditure: This includes loan repayments and other capital expenditure.
2018-19: Rs. 3,371,289.00
2019-20 (Revised): Rs. 22,164,006.00
2020-21 (Budget): Rs. 37,911,800.00
Total Expenditure (V):2018-19: Rs. 96,803,728.00
2019-20 (Revised): Rs. 170,023,556.00
2020-21 (Budget): Rs. 169,140,000.00
4. Closing Balance
The amount of total expenditure deducted from all receipts (including profit balance):
2018-19: 37,494,588.00 Rs
2019-20 (Revised): Rs. 29,503,142.00
2020-21 (Budget): Rs. 4,051,142.00
Key Observations
The amount set aside for Capital Expenditure in the year 2020-21 has been increased to Rs. 37,911,800.00 as compared to previous years.
Considering the income and the opening balance, it is expected that Rs. 4,051,142.00 will be set aside at the end of the financial year 2020-21.
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