Budget 2024-25

Summary of the Budget Report of Pampady Grama Panchayat for the Financial Year 2024–2025

Key Financial Information – Budget 2024–2025

  • Opening Balance: ₹3,59,95,880
  • Total Income: ₹28,22,94,902
  • Total Income + Opening Balance: ₹31,82,90,782
  • Total Expenditure: ₹26,93,40,982
  • Closing Balance: ₹4,89,49,800

1. Details of Revenue and Capital Income

A. Total Own Fund: ₹2,99,80,000

Tax Revenue: ₹1,50,00,000
This mainly includes:

  • Property Tax: ₹1,10,00,000
  • Profession Tax: ₹40,00,000

Non-Tax Revenue: ₹1,49,80,000
This includes income from rent of Panchayat buildings, licence and permit fees, fines, bank interest, and other sources.

B. Grants and Other Receipts

  • General Purpose Fund: ₹2,29,54,000
  • Other Grants – Plan: ₹12,34,56,202
  • Other Grants – Non-Plan: ₹9,00,00,000
  • Capital Receipts from Loans: ₹1,00,00,000
  • Other Capital Receipts excluding Loans: ₹59,04,700

2. Details of Expenditure

A. Total Revenue Expenditure: ₹25,19,26,182

Statutory Functions / Establishment and Administration: ₹3,32,75,000

This includes:

  • Employees' salaries: ₹1,40,00,000
  • Honorarium of elected representatives: ₹25,00,000
  • Other administrative expenses
  • Maintenance of offices and related expenses

Revenue Expenditure – Plan: ₹12,85,51,182

Revenue Expenditure – Non-Plan: ₹9,01,00,000

B. Total Capital Expenditure: ₹1,74,14,800

  • Loan Repayment: ₹1,00,00,000
  • Other Capital Expenditure: ₹74,14,800

3. Decentralised Planning Programme

The budget provides allocations for development activities under various sectors as follows:

Productive Sector: ₹83,21,467

The major allocations under this sector include agricultural development, dairy development – ₹13,00,000, cattle rearing under animal husbandry – ₹24,00,000, calf care – ₹15,00,000, poultry farming, inland fish farming, and related activities.

Service Sector: ₹9,93,19,280

The major allocations include:

  • Housing: ₹4,65,00,000
  • Poverty alleviation programmes: ₹2,52,50,000
  • Scheduled Caste welfare: ₹1,46,20,000
  • Programmes for persons with physical and mental challenges: ₹25,75,000
  • Public drinking water supply: ₹29,71,076

Infrastructure Sector: ₹29,00,000

The amount has been allocated for:

  • Electrification of streetlights: ₹19,00,000
  • Construction of public buildings: ₹10,00,000

Maintenance Projects: ₹1,37,05,000

An amount of ₹98,20,000 has been allocated for the maintenance of road assets, along with other maintenance activities.

Conclusion

According to the 2024–2025 Budget Report, Pampady Grama Panchayat has given greater priority to the service sector, particularly housing, poverty alleviation, and the welfare of Scheduled Caste/Scheduled Tribe communities. The budget also provides significant allocations for agriculture, animal husbandry, drinking water, infrastructure, and maintenance of public assets.

Compared with previous years, a clear increase in both revenue and expenditure is expected during the financial year 2024–2025.

  • Budget 2024-25