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State of Odisha - Section

Section 24 in The Orissa Industrial Infrastructure Development Corporation Rules, 1981

24. Budget and programme of work.

(1)The Corporation shall submit to the Government for approval before the 1st day of February of each year the annual financial statement and programme of work for the succeeding financial year.
(2)The annual financial statement, and the supplementary financial statement, if any, shall be in Form 'A' and the programme for work, in Form 'B'.
(3)The annual financial statement shall be accompanied by a statement of honoraria, salaries and allowances of the Directors, officers and servants of the Corporation, in Form 'C'.
(4)The Corporation shall also forward to the Government with its programme of work, a note giving history and description of each scheme including inter alia the progress made, expenditure incurred and receipts accrued in the previous financial year in respect of continuing schemes. The note shall, in particular, bring out the financial implications of each scheme.