Fiscal Policy Strategy Statement- The Fiscal Policy Strategy Statement shall be in such form as

may be prescribed and shall contain, inter alia,

1. (i) the fiscal policies of the State Government for the ensuing year relating to taxation, expenditure, borrowings and other liabilities (Including borrowings by Public Sector Undertakings and Special Purpose Vehicle and other equivalent instruments where liability for repayment is on the State fcgkj xTkV ¼vlk/kkj.k½] 5 vizhy] 2006 Government), lending, investments, other contingent liabilities, user charges on Public good/utilities and description of other activities, such as guarantees and activities of Public Sector Undertaking which have potential budgetary implications;
2. (ii) the strategic priorities of the State Government in the fiscal area for the ensuing year:
3. (iii) the key fiscal measures and the rationale for any major deviation in fiscal measures pertaining to taxation, subsidy, expenditure, borrowings and user charges on public goods /utilities; and
4. (iv) an evaluation of the current policies of the State Government vis-à-vis the fiscal management principal set out in section-4, the fiscal objectives set out in the Medium-Term