Section 3 in The M.P. Gram Panchayats (Budget Estimates) Rules, 1997
3. Preparation of Budget Estimates.
- The budget to be prepared by the Gram Panchayai must explain in detail each budgetary provisions and the reasons justifying the proposed provision in the budget. The various Standing Committees of the Gram Panchayat shall submit the programmes for ensuing year to the General Administration Committee. Similarly, Janpad Panchayat and/or Zila Panchayat shall give an indication of the probable funds which would be made available to the Gram Panchayat for various items of work, which may be entrusted to it, so that the Gram Panchayat may frame budget on a realistic basis. The General Administration Committee shall be thereafter, examine the proposals and prepare an estimate of the receipt and expenditure of the Gram Panchayat for the next financial year in Form GPBE-1 and submit it to the Gram Panchayat along with its reports for consideration and approval.
