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    Introduction

    Budget Directorate is responsible for the preparation of the annual budget. The budget is prepared on the basis of the material furnished by the departmental officers and the administrative departments of the Secretariat.

    Structure of Government Accounts- All receipts and disbursements of the State Government are shown in three separate parts, namely,

    • Part I ——Consolidated Fund,
    • Part II —–Contingency Fund and
    • Part III —-Public Account.

    Consolidated Fund. – Under Article 266 ibid, all revenues received by a State Government, all loans raised by that Government by the issue of treasury bills, loans or ways and means advances and all moneys received by that Government in repayment of loans form one consolidated fund, called “the Consolidated Fund of the State.” No moneys out of this Fund shall be appropriated except in accordance with law and for the purposes and in the manner provided in the Constitution.

    The main divisions of the Consolidated Fund are:

    1. Revenue Account
    2. Capital Account
    3. Debt (comprising Public Debt and Loans and Advances).

    Contingency Fund. – Under Article 267 (2) ibid, the State Legislature has established a Contingency Fund which is in the nature of an imprest and enables the Executive Government to meet unforeseen expenditure pending its authorisation by the Legislature by law. (See the Uttarakhand Contingency Fund Act, 2001 and the rules framed there under in Appendix IV).

    Public Account. – All other public money received by or on behalf of the Government, where the Government acts as a banker or trustee, are credited to the Public Account. The Public Account includes re-payables like Small Savings and Provident Funds, Deposits (bearing interest and not bearing interest), Advances, Reserve Funds (bearing interest and not bearing interest), Remittances and Suspense heads (both of which are transitory heads pending final booking). The net cash balance available with the Government is also included under the Public Account. The Public Account is not subject to the vote of the Legislature.