Raipur . The Finance Department of Chhattisgarh has set the limit for the second budget (2025-26) of the government. The Finance Secretary has directed all the departments to send new provisions by increasing only 8% from the current year’s budget. According to the related proposals sent by the departments, it can be estimated that the upcoming budget can be Rs 1.59 lakh crore.
Deputy Secretary Finance Rameshwar Sharma has sent a letter to all Additional Chief Secretaries, Principal Secretaries and Secretaries regarding the new proposals. It has been clarified in the letter that proposals in the form of untested new expenditure will not be included in the budget as far as possible.
Along with the proposals, the departments will have to mention the nature and objective of the scheme. A note will have to be given regarding the financing system of the schemes such as Government of India, financial institutions, foreign aid, state government etc. In which the ratio of the share of the Center / Agency and the State share will have to be clearly mentioned. The name and type of centrally sponsored, central regional, special / additional central assistance schemes will have to be mentioned in accordance with the approval order of the Central Government. Especially externally aided schemes, which include centrally sponsored, corporation assisted and other foreign aided schemes, in which the amount received in the form of grant and loan will also have to be mentioned separately. This will enable correct assessment of the debt burden on the state. In centrally sponsored PMGSY, MNREGA, PM Awas etc., provision of central share and proportional state share should be proposed on the basis of 2024-25.
It has also been said by the Finance Department that the amount transferred from the development and welfare funds such as Rural Development Fund, School Development Fund, Energy Development Fund, Central Road Fund etc. created from the income of various cesses imposed by the state government to the fund of schemes in the budget of various departments for expenditure should also be clearly shown. Please clearly mention the provision in other contingency expenses under office expenses as minimum and its purpose, otherwise this provision will be made zero in the budget of the year 2025-2026.
The correct classification of revenue expenditure and capital expenditure should be shown in the budget. Keeping in view the definition of new items of expenditure/services and the financial limit of new service/new means of service as per Finance Instructions 13 May 2011, all new expenditure proposals should be submitted in a separate file with full justification for the approval of the Finance Department. The item of new expenditure should be sent separately in the budget proposal. The actual expenditure of the last 12 months is necessary for the assessment of the revised estimate of the year 2024-2025. The budget of the year 2025-2026 should be prepared on the basis of the revised estimates of the last two years with a maximum increase of 08 percent. A note should be given briefly explaining the significant difference between the current year’s estimate and revised estimates and between the revised estimate and the estimate of the next year in the provisions of revenue receipts and capital expenditure.
Under salary allowances, the proposal for estimates of festival advance and medical advance should be included on a net basis. In the revised estimates for the year 2024-25, 50 percent of the amount provisioned under 001-Salary in item 003 Dearness Allowance should be kept under 01-Salary and -58 percent estimated provision for the year 2025 should be kept in the budget estimates 2026.
