New
Delhi: The ministry of finance has got down to work
revising the estimates contained in union Budget 2006-07
and preparing the estimates for the next year''s budget.
The
department of economic affairs has sent out a circular
to various ministries and departments seeking information
on estimates of the revenue receipts from the various
central and state organisations under their charge by
Division by November 30.
The
last date for sending capital receipt including public
accounts transactions is October 26.
The
estimates of expenditure of the ministries and their departments
are required to be made in a phased manner.
The
ministry has proposed a mandatory 5-per cent cut on non-plan
expenditure for all ministries and departments
excluding interest payment, repayment of debt, defence
capital, salaries, pension and finance commission grants
to states.
The
ministry will also ask for gender budgeting to measure
outlays and
reach to benefit women for their empowerment, as stipulated
in the National Common Minimum Programme.
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