The Vote on account for year 2024-25 was presented by Deputy Chief Minister Jagdish Dewra in the State Assembly today.
Under Article 206 (1) of the Constitution of India, new services or new budget heads are not included in the items of budget expenditure.
The purpose of the Vote on Account is to withdraw money from the conbsolidated fund continue implementation of the Government programmes until the final budget is approved.
New proposals related to taxation and new heads of expenditure are not included.
There is a provision for new schemes included in the second supplementary estimate.
Revised demands will be presented before the House after stipulated time.
The money received through Vote on Account will be a part of the main budget.
The Vote on Account is for 4 months (April 1 to July 31, 2024). The budget estimate for the financial year is Rs 3,48,986.57 crore.
The vote on account is Rs 1,45,229.55 crore.
The voted money is Rs 1,19,453.05 crore and the weighted amount is Rs 25,776.51 crore.
Annual Budget Estimates for 2024-25
The total revenue receipts in the budget estimate for 2024-25 amount to Rs 2,52,268.03 crore which includes Rs 96,553.30 crore revenue receipts from state taxes.
Non-tax revenue receipts are Rs 18,077.33 crore.
The revenue expenditure in the budget estimate is Rs 2,51,825.13 crore.
The revenue expenditure in the revised estimate for 2023-24 is Rs 2,31,112.34 crore.
The revenue surplus in the budget estimate for the year 2024-25 is Rs 442.90 crore.
The budget estimate of total capital receipts is Rs 59,718.64 crore and the budget estimate of total capital outlay in the year 2024-25 is Rs 59,342.48 crore.
