(I) In respect of every loan raised by the Authority not being a loan repayable before the expiration of one year from the date of the loan, the Authority shall set apart a sum half yearly, out of its income in a reserve fund, sufficient to liquidate the loan within a period which shall not in any case exceed thirty years:
provided that a reserve fund need not in the absence of any stipulation to that effect, be established in the case of loans taken by the Authority from the Central Government or any State Government.
(2) The sums set apart by the Authority under sub-rule (I) shall be invested in securities of the State Government or in such other securities as the State Government may approve in this behalf, and shall be held in trust for the purposes of the Act by the Authority.
(3) The Authority may apply the whole or any part of the sums accumulated in any reserve fund in or towards the discharge of the loan liabilities for the repayment of which the fund has been established:Provided that the Authority pays into the fund each year, and accumulated until the whole of the money borrowed is discharged, a sum equivalent to the interest which would have been produced by the reserve fund or the part of the reserve fund so applied.
(4) A reserve fund established for the liquidation of any loan shall be subject to annual examination by such person as may be appointed by the State Government in this behalf and 1027 ~ ~_1:('j!. 3l"'ffil 25. 2020 the person so appointed shall ascertain whether the cash and the current market value of the securities at the credit of the fund are actually equal to the amount which would have accumulated had investments been regularly made and rate of interest as originally estimated obtained thereon.(5) The Authority shall pay forthwith into the reserve fund any amount which the person appointed under sub-rule (4) to conduct the annual examination of the fund may certify to be deficient unless the State Government specifically sanctions a gradual readjustment.
(6) If the cash and current market value of the securities at the credit of a reserve fund are in excess of the amount which should be at its credit, the person appointed under sub-rule (4) shall certify the amount of this excess and the Authority may, with the previous sanction of the State Government reduce or discontinue the half-yearly contributions to the reserve fund.
FORM-I RAJASTHAN STATE HIGHWAYS AUTHORITY Budget Estimates for the year.v.i..» Combined abstract of Budget Estimates for the year · (In lacs of rupees) Head of Actual Budget estimates Revised estimates Budget estimates accounts for the year for the year for the year for the year ...................... . ..................... ...................... . .....................
1 2 3 4 5 RECEIPTS Head of Actual Budget estimates Revised estimates Budget estimates accounts for the year for the year for the year for the year ............ ...... .... ...................... . ........................... . .....................
6 7 8 9 10 PAYMENTS FORM- II (i) RAJASTHAN STATE HIGHWAYS AUTHORITY Budget Estimates for the year.v.v. ".
Part 1-Abstract of each individual account (In lacs of rupees) Head of Actual Budget estimates Revised estimates Budget estimates accounts for the year for the year for the year For the year ., .. ................. . ..................... . ..................... . .....................
1 2 3 4 5 RECEIPTS Head of Actual Budget estimates Revised estimates Budget estimates accounts for the year for the year for the year for the year ...................... . ..................... . ..................... . .....................
6 7 8 9 10 PAYMENTS 1028 FORM- II (ii) RAJASTHAN STATE HIGHWAYS AUTHORITY Budget Estimates for the year .
Part II- Detailed Budget estimates of each individual account (In lacs of rupees) Head of Actual Budget Revised Variation Budget Variation Expla account for the estimates estimates Between estimates Between nyear for the for the year Co1.(3)& for the year Co1.(4)& ation ......... year ..... . ...... (4) ......... (6) ...
1 2 3 4 5 6 7 8 RECEIPTS Head of Actual Budget Revised Variation Budget Variation Explan account for the estimates estimates Between estimat Between -ation year for the year for the year Co1.(3)& es Co1.(4)& ....... . .. ......... ......... (4) for the (6) year .......
1 2 3 4 5 6 7 8 PAYMENTS FORM-III RAJASTHAN STATE HIGHWAYS AUTHORITY Budget Estimates for the year .
Schedule containing new items of expenditure other than Works and Schemes(In lacs of rupees) S.No. Head of particulars of Amount proposed Ground for Remarks account the Total distribution expenditure Items over the year or reference ...................... to sanction No.& date I 2 3 4 5 6 Note: (I) For additional establishment, the categories of posts, scales of pay and the date from which the posts are required should be specified.
(2) If any permanent post is proposed to be reduced or kept in abeyance or any temporary post is proposed to be discontinued, the details thereof should be furnished in a separate statement.
FORM-IV RAJASTHAN STATE HIGHWAYS AUTHORITY Budget Estimates for the year .
Schedule of Works and Schemes in progress (In lacs of rupees) Name of Estimated Year of Targeted Expenditure Budget the work! Cost Start Year of upto the Estimates scheme completion end of last for the • 1029 ~ m;r-"Q"'j!, 3T"'Tm 25, 2020 i financial I current year I year 1 2 3 4 5 6 Expenditure Anticipated Revised Budget Remarks incurred expenditure estimates for Estimates during the during the the current year for the next current year remaining Total of cols. year part of the 7 and 8 current year 7 8 9 10 11 FORM-V RAJASTHAN STATE HIGHWAYS AUTHORITY Budget Estimates for the year." ... ,.
Schedule of approved New Works and Schemes (In lacs of rupees) Name of Estimated Targeted Reference Proposed Remarks the work! cost total year of No. of Budget scheme distribution completion administrative estimates over in year approval/ for the year technical ......................
sanction 1 2 3 4 5 6 Note: While mcludmg new works/schemes m the budget estimates, the followmg points shall be examined:-
(1) Whether the plans and the estimates have been prepared and approved.
(2) Whether site or land is available and possession has been taken; and
(3) Whether all the prescribed formalities will be over by the end of the current financial year.
Place: Jaipur Date : 24.08.2020 [F.14(26)/PW /2014] By order of the Governor, Brijendra Singh Parmar, Joint Secretary to the Government.
Government Central Press, Jaipur.