2024-2025
Udayanapuram Grama Panchayat Budget 2024–25
The 2024–25 Budget Statement of Udayanapuram Grama Panchayat shows a significant increase in the projected revenue and expenditure compared with the revised budget for 2023–24. The total budgeted income for 2024–25 is ₹26.95 crore, while total expenditure is projected at approximately ₹27.37 crore.
Key Financial Highlights
Particulars | 2022–23 Actual | 2023–24 Revised Budget | 2024–25 Budget |
|---|---|---|---|
Total Revenue Income | ₹22.04 Cr | ₹19.38 Cr | ₹25.25 Cr |
Capital Income | ₹1.67 Cr | ₹1.41 Cr | ₹1.70 Cr |
Total Income | ₹23.71 Cr | ₹20.79 Cr | ₹26.95 Cr |
Total Revenue Expenditure | ₹19.32 Cr | ₹22.31 Cr | ₹25.89 Cr |
Capital Expenditure | ₹1.48 Cr | ₹1.27 Cr | ₹1.48 Cr |
Total Expenditure | ₹23.79 Cr | ₹20.59 Cr | ₹27.37 Cr |
Closing Balance | ₹54.72 Lakh | ₹62.29 Lakh | ₹12.90 Lakh |
The figures are taken directly from the uploaded Budget Statement.
Major Observations
Strong increase in revenue projections:
Total revenue income is projected to rise from ₹19.38 crore in 2023–24 to ₹25.25 crore in 2024–25. The major contributors are General Purpose Fund and Other Grants (Plan).Own-source revenue improvement:
The budget estimates total own fund at ₹8.70 crore, consisting of tax revenue of ₹5.16 crore and non-tax revenue of ₹3.54 crore. This indicates an emphasis on strengthening the Panchayat's own revenue base.Plan grants form a major component of income:
Other Plan Grants are budgeted at ₹17.25 crore, making them one of the largest sources of revenue. This indicates substantial dependence on plan-related grants for development expenditure.High allocation for plan expenditure:
Revenue expenditure from Plan Grants is projected at ₹18.03 crore, which represents the largest component of revenue expenditure.Increase in statutory expenditure:
Expenditure on statutory functions is budgeted at ₹2.51 crore, compared with ₹1.65 crore in the revised 2023–24 budget.Very small closing balance:
The projected closing balance for 2024–25 is only ₹12.90 lakh, compared with ₹62.29 lakh in the revised 2023–24 budget. This indicates that most of the anticipated resources are planned to be utilised during the financial year.
Conclusion
Overall, the 2024–25 Budget of Udayanapuram Grama Panchayat reflects an expansion-oriented financial plan, with substantially higher projected income and increased allocations for plan and statutory activities. The large allocation under Plan Grants provides significant scope for development activities. However, the projected closing balance of only ₹12.90 lakh indicates a relatively limited financial cushion, making effective revenue collection, expenditure control and careful cash-flow management important during implementation.