Section 32. Preparation of annual budget estimate.

(1) The State Council shall prepare, before such date and in such manner as may be prescribed, the budget estimates of the income and expenditure of that Council incorporating therein the income and expenditure of Regional Councils for the next financial year. (2) The State Council shall, on or after the date referred to in sub-section (1) consider the budget estimates prepared by it and submit them as approved by it to the State Government for its information. The State Government may pass such orders with reference to the budget estimates as it thinks fit and communicate the same to the State Council. The State Council shall give effect to such orders.