The Telangana Fiscal Responsibility and Budget Management Act, 2005.
State Act of Telangana · Act 34 of 200516 provisions
The enactment
| Long title | An Act to provide for the Responsibility of the State Government to ensure prudence in Fiscal Management and Fiscal Stability by progressive elimination of revenue deficit, reduction in fiscal deficit, prudent debt management consistent with fiscal sustainability, greater transparency in fiscal operations of the Government and conduct of fiscal policy in a medium term framework and matters connected therewith or incidental thereto. |
|---|---|
| Type | Act |
| Citation | Act 34 of 2005 |
| Year | 2005 |
| Jurisdiction | State of Telangana |
| Status | In force as published by the source |
| Provisions published | 16 |
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- Section 1 Short title and commencement.
- Section 2 Definitions.
- Section 3 Fiscal Management Objectives.
- Section 4 Fiscal Management Principles.
- Section 5 Fiscal Policy Statements to be laid before the Legislature.
- Section 6 Macroeconomic Framework Statement.
- Section 7 Medium Term Fiscal Policy Statement.
- Section 8 Fiscal Policy Strategy Statement.
- Section 9 Fiscal Targets.
- Section 10 Measures for Fiscal Transparency.
- Section 11 Measures to enforce compliance.
- Section 12 Protection of action taken in good faith.
- Section 13 Application of other laws not barred.
- Section 14 Power to remove difficulties.
- Section 15 Power to Make Rules.
- Section 16 Repeal of Ordinance.
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