section 0
Preamble
The Arunachal Pradesh Fiscal Responsibility and Budget Management Act 20061 THE ARUNACHAL PRADESH FISCAL RESPONSIBILITY ACT, 2006 (ACT N0.4 OF 2006) (as amended vide Act No 14 of 2006;10 of 2010;8 of 2011;08 of 2018) (Received the assent of the Governor on 30-3-2006. 6th December 2006, 20th April 2010; 09th December 2011;8th April 2012 & pt May 2018
AN
ACT to provide for the responsibility of the State Government to ensure fiscal stability and sustainability, and to enhance the scope for improving social and physical infrastructure and human development by achieving sufficient revenue surplus, reducing fiscal deficit and removing impediments to the effective conduct of fiscal policy and prudent debt management through limits on State Government borrowings, debt and deficits, greater transparency in fiscal operations of the State Government and use of a medium-term fiscal framework and for matters connected therewith or incidental thereto.
BE it enacted by the Arunachal Pradesh Legislature in the Fifty-seventh Year of the Republic of India as follows:
1 . (1) This Act may be called the Arunachal Pradesh Fiscal Responsibility 1[ and Budget Management] Act, 2006.
- (2) It shall extend to the whole of Arunachal Pradesh.
- (3) It shall be deemed to have come into force with effect from L" April, 2005.
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