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Monsoon session of state assembly from July 28

Monsoon session of state assembly from July 28

Time of India3 days ago

Bhopal: The state assembly's monsoon session will begin on July 28, and continue until Aug 8, its secretariat announced on Tuesday. During the session, the govt will table the financial year's first supplementary Budget, along with other legislative business.
The finance department stated that the Budget for the financial year 2025-26 had been prepared using the Zero-Based Budgeting (ZBB) technique, involving a comprehensive review of all expenditures. Outstanding liabilities from previous years were appropriately addressed, and minimised through budgetary provisions made in the preceding financial year.
In light of this, departments were directed to submit proposals for inclusion in the first supplementary Budget.
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Monsoon session of state assembly from July 28
Monsoon session of state assembly from July 28

Time of India

time3 days ago

  • Time of India

Monsoon session of state assembly from July 28

Bhopal: The state assembly's monsoon session will begin on July 28, and continue until Aug 8, its secretariat announced on Tuesday. During the session, the govt will table the financial year's first supplementary Budget, along with other legislative business. The finance department stated that the Budget for the financial year 2025-26 had been prepared using the Zero-Based Budgeting (ZBB) technique, involving a comprehensive review of all expenditures. Outstanding liabilities from previous years were appropriately addressed, and minimised through budgetary provisions made in the preceding financial year. In light of this, departments were directed to submit proposals for inclusion in the first supplementary Budget. You Can Also Check: Bhopal AQI | Weather in Bhopal | Bank Holidays in Bhopal | Public Holidays in Bhopal

1st supplementary budget for 2025-26 fiscal: State seeks proposals from depts by June 13
1st supplementary budget for 2025-26 fiscal: State seeks proposals from depts by June 13

Time of India

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  • Time of India

1st supplementary budget for 2025-26 fiscal: State seeks proposals from depts by June 13

Bhopal: The first supplementary budget for the financial year 2025-26 will be presented in the forthcoming session of the state assembly. The departments have been directed to submit proposals for inclusion in the first supplementary budget by June 13. In the directives issued to all departments, the finance department made it clear that new heads involving an additional financial burden on the state will not be considered. Proposals for the purchase of vehicles will also not be entertained. The finance department stated the budget for the financial year 2025-26 was prepared based on the Zero-Based Budgeting (ZBB) approach, involving a comprehensive review of all expenditures. Outstanding liabilities from previous years were appropriately addressed and minimised through budgetary provisions in the preceding financial year. In light of this, departments have been directed to submit proposals for inclusion in the first supplementary budget within the following parameters, through the online system in the set format, by June 13. Hard copies or offline submissions will not be accepted. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo The parameters for sending proposals include heads for which advance approvals have been granted from the state contingency fund, and heads for which prior concurrence has been given by the finance department. Heads for which financial assistance or central share has been approved by the govt of India or other agencies, which cannot be accommodated within existing allocations, and for which additional funding cannot be arranged by re-appropriating savings from other ongoing schemes. Under the special capital assistance scheme, proposals sent or to be sent to the govt of India require the creation of a separate budget line. In cases where works approved under the special capital assistance scheme by the govt of India require additional budgetary allocation and such funds cannot be met from savings in other schemes. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .

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