Section (4b)-(XI)

Budget allocated each of company agency, indicating the particulars of all plans, proposed expenditures and reports on disbursement made : Budget allocated each of company agency, indicating the particulars of all plans, proposed expenditures and reports on disbursement made. WCL / CIL prepares capital budget every year for its ongoing projects as well as new projects and other schemes. WCL / CIL also prepares revenue budget every year. Expenditure incurred by WCL / CIL is governed by these budgets.

Capital & Revenue Budget of the Company is approved by the Board of the Director every year.