Annual budget is prepared at the BRC-EP level.
Guidelines for the BRC-EP
- Prepare an estimate of the annual budget on the basis of the annual target number of enterprises in the block.
| A simple example Say 100 enterprise are to be promoted in a block in a year, then Budget for the year for Skill Building will be 100X7000= 7,00,000 Budget for the year for Handholding will be 100X3395= 3,39,500 Other fixed budget heads like training of CBO can be calculated based on the number of CBOs to be trained multiplied by the average cost of one training. Let’s say, for promoting 100 enterprises, 1 CLF, 10 VOs, and 80 SHGs are to be oriented and cost of orienting 1 CLF is Rs. 5000, 1 VO is Rs. 2000, and 1 SHG is Rs. 1000. Then the estimated cost of training of CBOs will be (1X5000+10X2000+80X1000) = 5000+20,000+80,000 = 1,05,000 For further working, refer to Annexure 7.2 for a template for preparing annual budget for a block. |
- Prepare a requisition letter for the fund on the basis of the above estimate and submit the letter to the district office. (Refer to Annexure 7.3 for viewing a sample requisition letter)
- When 60 per cent of the fund under any budget head is exhausted, submit a requisition for the fund along with the details of the utilization.
- Get the fund with BRC audited every year by a recognised Chartered Accountant.
- Submit the reports given by the CA to the BMMU and DMMU.
- If any discrepancy is flagged during the audit, take it up immediately and get it resolved.