Summary:  in the paragraph the text discusses financial policies and reforms undertaken during Lord Mayo's time as Viceroy of India. Lord Mayo emphasized the importance of adjusting expenditure to income, aiming for an annual surplus of at least one million pounds. To improve the balance between income and expenditure, an increase in income by at least three million pounds was deemed necessary. Lord Mayo focused on reducing expenditure and increasing income to achieve a healthy financial state, particularly in the face of mounting debts and liabilities. The text also highlights Lord Mayo's efforts in reorganizing various departments, such as the Public Works Department and Military Works, to ensure efficiency and cost-effectiveness. Additionally, the discussion touches on reforms in Provincial Assignments and Local Taxation, emphasizing the need for financial prudence and proper fiscal management to enhance the overall financial stability of the empire.