There is a Gram Panchayat fund for
every Gram Panchayat. It is an account of income
expenditure of the Gram Panchayat which is operated
through the Village head (Sarpanch) and the
Panchayat Development Officer.
Section 7J of the Act. Gram Kosh : Every Gram
Sabha shall establish a fund to be called the Gram
Kosh consisting of following four parts;
(i) Anna Kosh;
(ii) Shram Kosh;
(iii) Vastu Kosh;
(iv) Nagad Kosh;
and there shall be credited thereto,
(a) donations;
(b) income from other sources;
(c) tiny sum received from the District Panchayat
Raj Fund or from the Funds of three-tier Panchayats,
the proceeds of the land revenue, cess on land
revenue, royalty received on minor minerals, income
received from lease of fishing rights, grazing fees
and Shala bhawan upkar as prescribed or fixed by
the State Government;
(d) the taxes, duties tolls and fees imposed as
mentioned in the Schedule I-A and Schedule II-A
and other income of the Gram Sabha;
(e) any sums received by Gram Panchayat under
various schemes sponsored by the Central
Government or the State Government, to be allotted
to the Gram Sabha according to norms prescribed
by the Central Government or the State Government.