Bare Act
The Arunachal Pradesh Fiscal Responsibility and Budeget management ( Amendment) Act, 2020
Finance20202 sections
This law amends the Fiscal Responsibility and Budget Management Act of 2006 to allow the state of Arunachal Pradesh to borrow an extra 807 crore rupees for the year 2019-20. It provides a one-time exception to the state's borrowing limits, permitting the government to take on additional debt beyond its usual eligibility. This measure was likely taken to address specific financial needs or constraints faced by the state during that fiscal year, ensuring it has the necessary funds while temporarily relaxing standard fiscal discipline rules.
PDF: pending for this language.