Vidhi Codex

Bare Act

The Bihar Fiscal Responsibility and Budget Management (Amendment) ACT, 2020

Finance20203 sections

This Bihar law amends the Fiscal Responsibility and Budget Management Act of 2006 to adjust fiscal targets for 2019-20. It raises the fiscal deficit limit by Rs. 5,688 crore and the borrowing limit to support the State Government's fiscal consolidation efforts as requested by the Government of India, effectively allowing more borrowing during that specific year.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 1. Short title, extent and commencement
  3. 2. Amendment in section 9 of The Bihar Act 5, 2006.

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