Bare Act

The Arunachal Pradesh Fiscal Responsibility and Budget Management Act 2006

This Act regulates the financial management of the Arunachal Pradesh State Government to ensure fiscal stability and sustainability. It sets strict limits on the state's borrowing, debt, and deficits while requiring greater transparency in fiscal operations. By mandating a medium-term fiscal framework and a rolling four-year plan, the law aims to reduce fiscal deficits, improve revenue surplus, and free up resources for essential social and physical infrastructure. It applies to the entire state and is designed to promote prudent debt management and human development by preventing excessive government spending and ensuring long-term financial health.

PDF: pending for this language.