The Arunachal Pradesh Fiscal Responsibility and Budget Management (Amendment) Act, 2021

The Arunachal mI;radesh Gazette

EXTRAORDINARY

PUBLISHED BY AUTHORITY

No. 81, Vol. XXVIII, Naharlagun, Tuesday, March 30, 2021, Chaitra 9, 1942 (Saka)

GOVERNMENT OF ARUNACHAL PRADESH LAW, LEGISLATIVE AND JUSTICE DEPARTMENT CIVIL SECRETARIAT ITANAGAR

The 30th March, 2021

No. Law/Legn-1/2021. The following Act of the Arunachal Pradesh Legislative Assembly which was passed in the Sixth Session of the Seventh Legislative Assembly and received the assent ofthe Governor of Arunachal Pradesh is hereby published for general information.

(Received the assent of the Governor on 24th March, 2021)

THE ARUNACHAL PRADESH FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT (AMENDMENT) ACT, 2021.

(ACT NO. 30F 2021) An Act further to amend the Arunachal Pradesh Fiscal Responsibility and Budget Management Act, 2006 (Act No. 4 of 20086).

Be it enacted by the legislative Assembly of Arunachal Pradesh in the Seventy Second year of the Republic of India as follows:

1. (1) This Act may be called the Arunachal Pradesh Fiscal Responsibility Short title and and Budget Management (Amendment) Act, 2021. commence-
2. (2) It shall be deemed to have come into force with effect from 17th ment.

In the Arunachal Pradesh Fiscal Responsibility and Budget Management Act, 2006 (Act No. 4 of 2006), in section 4, in sub-section (3), after clause (h), the following clause shall be added:"(i) From and out of the Gross State Domestic Product (GSDP), there shall be allowed an additional borrowing of two percent to the State Government in the financial year 2020-21 to fight Covid-19 Pandemic which had a serious negative impact on the resources of the State Government. Provided that, the additional borrowing shall be subject to maintaining standards of service delivery to the public to strengthen resources in the hands of State Government. Provided further that, the relaxation limits shall be partly unconditional and partly conditional as specified in Table 'A' and two percent of GSDP as specified in Table 'B'. Table 'A' Sl. No. Particulars Conditional Unconditional (a) Conditional: (i) Implementation of One Nation One Ration Card System 0.25% — (ii) Ease of doing business reform 0.25% — (iii) Urban Local Body/Utility Reforms 0.25% — (iv) Power Sector Reforms 0.25% — (b) (i) 50% of 1% Unconditional (Untied) — 0.50% (ii) 50% of 1% Conditional (subject to providing undertaking of at least 3 of the reforms at Sl. No. a (i) to (iv) 0.50% — Table 'B' (Rs. In Crore) Sl. No. Particulars Conditional Unconditional (a) Conditional: (i) Implementation of One Nation One Ration Card System 71.225 — (ii) Ease of doing business reform 71.225 — (iii) Urban Local Body/Utility Reforms 71.225 — (iv) Power Sector Reforms 71.225 — (b) (i) 50% of 1% Unconditional (Untied) — 142.450 (ii) 50% of 1% Conditional (subject to providing undertaking of at least 3 of the reforms at Sl. No. a (i) to (iv) 142.450 — (c) Entitlement (Conditional & Unconditional) 427.350 142.450 (d) Total Entitlement 569.80 (Rs. 427.35 Crore + Rs. 142.45 Crore)"