The 15-member SGPC executive committee constituted in 2010 on Tuesday passed a budget of more than Rs 665 crore for the financial year 2012-13 up from last years Rs 579 crore resulting in an increase of nearly 15 per cent. The meeting,chaired by SGPC president Avtar Singh Makkar,approved one-third of the expenses of the total budget till July 31.
The educational sector will benefit most from the budget with a 30 per cent increase in grant while last year the sector was allocated Rs 84 crore,this time it has been provided Rs 109 crore. Moreover,the budget for educational fund has registered a growth of six per cent. From Rs 17.36 crore last year,the allocation this time is Rs 18.40 crore.
The gurdwara sector has also registered an increase of over 14 per cent increase. While last year Rs 368 crore was allotted for gurdwaras,this year,the allocation has been Rs 421 crore.
The budget for Dharam Parchar (preaching of the religion) also witnessed an increase in allocation of 7.5 per cent. Compared to Rs 40 crore last year,Rs 43 crore have been earmarked for Dharam Parchar this financial year. With an increase of little over two per cent in the allocation than the previous year,the budget for printing presses under SGPC has witnessed the least increase. Last year,while amount allocated was was over Rs 6.36 crore,this time,more than Rs 6.49 crore have been reserved for printing presses.
Allocation under trust fund has been also increased significantly. From over Rs. 19.68 crore in the previous financial year,the allocation for the current financial year has been hiked to Rs 23.61 crore an increase of more than 22 per cent. As a routine procedure,the executive committee after passing the budget placed the same before the general house for discussion and approval. Since,the first general house meeting of the newly constituted body is yet to be notified by the Ministry of Home Affairs the budget was passed by the executive committee only.