Budget 2025-26
The budget summary of Akalakkunnam Grama Panchayat 2025-26 is given below:
📄 Budget Overview
Local Authority: Akalakkunnam Grama Panchayat
Budget Year: 2025-26
Presented by: Mr. Mathukutty Nyayarkulam (Vice President & Chairman of Finance Standing Committee)
Date: 24/02/2025
Main Objective: To ensure 100 percent tax collection and 100 percent project allocation utilization by eliminating revenue leakage. The budget has been prepared in line with the state government's concept of 'Navakerala Nirmithi'.
Key Financial Highlights
Item (Particulars)
Amount (in Rupees)
Opening Balance
2,241,444
Total Income
194,906,000
Total Income + Opening Balance
197,147,444
Total Expenditure
191,038,400
Closing Balance
6,109,044
Major Revenue Sources
Tax Revenue: Rs. 10,000,000 (of which Rs. 8,000,000 is expected as property tax and Rs. 2,000,000 as employment tax).
Non-Tax Revenue: Rs. 5,945,000 (License, Permit Fees, Building Rent etc.).
General Purpose Fund: Rs. 13,775,000.
Revenue Grants: Rs. 41,300,000 -.
Non-Plan Grants: Rs. 40,000,000.
Capital Income: Rs. 2,500,000 is expected through loans and Rs. 81,386,000 through non-loan sources (including Development Fund and Centrally Sponsored Schemes).
Major Expenditure Breakdown
Statutory Functions/Establishment: Rs. 24,338,000 (Salaries, Wages, Honorarium of Representatives and Other Administrative Expenditures).
Revenue Expenditure-Plan: Rs. 106,750,400 -
Revenue Expenditure-Non-Plan: Rs. 40,000,000
Capital Expenditure: Total Rs. 19,950,000 including Rs. 1,200,000 for loan repayment and Rs. 18,750,000 for other development works.
Key Sectors & Priorities
The key projects planned to be implemented in various sectors in the budget are as follows:
Productive Sector (Rs. 18,330,000): Promotion of paddy cultivation, vegetables, banana and tuber crops. In the animal husbandry sector, priority is given to cow, goat and poultry farming and dairy development and procurement. In addition, a digital agricultural marketing platform is envisaged.
Service Sector (Rs. 60,760,000): A huge amount has been allocated for housing construction for the homeless (Rs. 8,570,000) and poverty alleviation programs (Rs. 25,000,000). Welfare projects for the elderly, differently-abled, women, children and Scheduled Castes/Scheduled Tribes.
Infrastructure Sector (Rs. 13,800,000): Rehabilitation of rural roads (Rs. 6,200,000), construction of public buildings (Rs. 3,000,000), electrification of street lights, connectivity plans.
Health and Sanitation: Improved support to Ayurvedic, Homeopathic and Allopathic hospitals. Emphasis is placed on waste management to strengthen the functioning of Harithakarma Sena and realize a completely waste-free panchayat.
Drinking Water Projects: Protection of water sources in the panchayat and ensuring availability of drinking water.
Tourism: New tourism projects focusing on Mattakara, Thuruthipally and Ktakkuzhi.
Energy Sector: Emphasis on non-conventional energy sources, including Rs. 2,000,000 for solar energy projects and Rs. 300,000 for biogas plants.
Conclusion
This is a balanced budget that aims at comprehensive development and social equality of the Panchayat while maintaining moderation in expenditure, despite limited resources and sources of income. Public participation in development matters and the collective work of the governing body are requested for its success.