ANNUAL FINANCIAL STATEMENT , SHOWING SEPARATELY THE EXPENDITURE CHARGED UPON THE CONSOLIDATED FUND OF THE STATE AND OTHER EXPENDITURE TO BE MADE FROM THE CONSOLIDATED FUND OF THE STATE.
According to Article 202 of the constitution, the Governor shall in respect of every financial year cause to be laid before the House of the Legislature a statement of estimated receipts and expenditure of the State known as the"Annual financial Statement"showing separately (a) the expenditure charged upon the Consolidated Fund of the State and (b) the other expenditure to be made from the Consolidated Fund of the State .As per clause (3) of Article 202 of the constitution,the following expenditure shall be expenditure charged on the Consolidated Fund of the State :-- (a) the emoluments and allowances of the Governor and other expenditure relating to his office .(b) the salaries and allowances of the Speaker and the Deputy Speaker of the Legislative Assembly and,in the case of a State having a Legislative Council, also of the Chairman and the Deputy Chairman of the Legislative Council.(c) debt charges for which the State is liable Including interest , sinking fund charges and redemption charges ,and other expenditure, relating to the raising of loans and the services and redemption of debt.(d) expenditure in respect of the salaries and allowances of judges of the High court.(e) any sums required to satisfy any judgement,decree or award of any court or arbitral tribunal (f) any other expenditure declared by the constitution,or by the Legislature of the state by law ,to be so charged . As per Article 203 of the constitution, Estimates relating to expenditure charged upon the Consolidated Fund of the State are not submitted to vote of the Legislative Assembly, thought the Legislature can hold a discussion.Estimates relating to the other expenditure are submitted in the form of demands for grants to the Legislative Assembly and the Legislative Assembly has power to assent or refuse to assent to any demand or to assent to any demand subject to reduction of the amount specified therein . No demand for grant can be made except on the recommendation of the Governor.
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