Section 15 in Regulations made under the Tamil Nadu Bhoodan Yagna Act, 1958
15. Budget.
- The Sarvodaya Panchayat shall submit to the State Bhoodan Yagna Board the budget estimate for the next year and the revised estimate for the current year before the 15th August of the yearThe Sarvodaya Panchayat shall assess the financial requirements of the Gramdan village every year in advance by the end of February in respect of agricultural and allied operations, such as sinking of new wells, deepening of old wells, reclamation, purchase of pumpse ts purchase of bulls, purchase of seeds and manures and cottage industries and its general working in the nature of a Budget with reference to the overall plan prepared for the development of the village. The budget should have the approval of the local committee The Sarvodaya Panchayat shall be responsible for the proper utilisation and the timely repayment of the funds involved.
