1[4H. Salaries, allowances, etc., to be defrayed out of Consolidated Fund of India.–The salaries and allowances payable to the Vice-Chairman and other Members of the Authority and the administrative expenses including the salaries, allowances and pensions payable to the officers and other employees of the Authority shall be defrayed out of the Consolidated Fund of India.]
1. Ins. by Act 47 of 2005, s. 3 (w.e.f. 30-8-2006).
Simplified Explanation
Section 4H of the Railways Act, 1989 mandates that the salaries, allowances, and administrative expenses related to the Rail Land Development Authority (RLDA) be financed from the Consolidated Fund of India.
Key Points of Section 4H:
- Funding from Consolidated Fund of India: The section specifies that the salaries and allowances of the Vice-Chairman and other members of the RLDA, as well as the administrative expenses (including salaries, allowances, and pensions) for the officers and other employees working for the RLDA, will be paid from the Consolidated Fund of India.
- Consolidated Fund of India: This fund is the primary account of the government, from which public expenditures are made. It is essentially a pool of government revenue (from taxes, duties, etc.), and the expenses related to the functioning of the RLDA will be covered by it.
Conclusion
Section 4H ensures that the financial support for the RLDA’s operations, including the salaries and administrative costs, comes from the Consolidated Fund of India, meaning that these expenses are covered by public funds. This ensures that the RLDA has the necessary financial backing from the government to perform its duties effectively.
