Page 107 - IRSEM_Main Book

(6) Revenue Allocation Registers: All revenue expenditure is to be recorded in registers,
which are known as Revenue Allocation Registers, by the various heads of accounts. The
object of these registers is to keep the heads of divisions, and departments informed of
the progress of expenditure against the allotments placed at their disposal by the
General Manager, which should be entered in red ink in the appropriate columns
provided for in these registers, so as to form a ready means of comparsion and check
with the outlay. (Para 512)

(7) Monthly Financial Reviews: The monthly reviews show the expenditure to the end of the
previous month, against the allotments placed at the disposal of the controlling
authorities under each sub-head of the grant for which they are responsible. The review
should be prepared in Form No. 513 and submitted to the controlling authorities every
month, by such date as may be fixed in consultation with them.
Form No.F.51

Proportionate Expenditure upto June
Sub-heads Budget Budget Actual Actual 2021 more (+) or less (%)
of grant Allotment expenditure expenditure
and heads for allotment to to end of to end of As compared As compared
of account 2021-22 end of June June 2021 June 2020 with column with column
2021 (3) (5)
1 2 3 4 5 6 7

Note: The periods have been shown in the Pro forma for the purpose of illustration only.

(8) Expenditure on, acquisition construction and replacement of Railway assets: Separate
allotments are placed at the disposal of Railway Administrations under each Grant for
expenditure on works chargeable to Capital, Depreciation Reserve Fund, Development
Fund, Accident Compensation, Safety and Passenger Amenities Fund, or Open Line
Works Revenue. These allotments are made in lump sums and their distribution over the
various sub-heads and over the works for which they are intended are spelt out in the
"Works, Machinery and Rolling Stock Programmes" which are furnished to the Railways
also with the Budget Orders sanctioning the allotments. These 'Programmes also show,
in the case of works costing over Rs.50,005 each, the total estimated cost of each work,
and the railway administrations are required to exercise a control over expenditure not
only against the allotment sanctioned for the year for each works but also against its
total estimated cost as shown in the Programmes'. In regard to works costing not more
than Rs.30,000 each, a lumpsum is allotted to each Railway administration in the
'Programme', before any expenditure is incurred against the lumpsum allotment; the
estimates of such works should be sanctioned by the General Manager or any lower
authority empowered by him in this behalf. Thus the control of expenditure on railways
is exercised through.

Chapter 4 Budget Estimates, Expenditure, Budget Control and Completion Reports Page 79 of 535