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State of Madhya Pradesh - Section
Section 5 in The M.P. Gram Panchayats (Budget Estimates) Rules, 1997
5. Time Schedule for preparation and approval of Budget.
- The preparation and approval of the budget estimates as provided in Rules 3 and 4 should be completed by the prescribed authority within the stipulated time as specified below :-| Particulars | Prescribed Authority | Latest date by which exercise to be completed |
| (1) | (2) | (3) |
| (1) Submission of the proposed programmes for ensuing year. | By various Standing Committees to the General AdministrationCommittee. | Thirty-first day of January, each year |
| (2) Intimation of probable availability of funds to GramPanchayat. | By Janpad and/ or Zila Panchayat to Gram Panchayat. | Thirty-first day of January, each year |
| (3) Preparation of draft budget estimate. | By General Administration Committee. | Seventh day of February, each year |
| (4) Consideration and approval of draft budget estimates. | By Gram Panchayat. | Twenty-first day of February, each year |
| (5) Submission of budget estimate duly approved by GramPanchayat to Janpad Panchayat. | By Gram Panchayat. | Last day of February, each year |
| (6) Examination and approval of budget estimates and return ofGram Panchayat with or without modifications. | By Janpad Panchayat to Gram Panchayat. | Fifteenth day of March, each year |