The Jharkhand Contingency Fund (Amendment) Act, 2010

The Jharkhand Contingency Fund (Amendment) Act, 2010

Finance20104 sections

This Act amends the Jharkhand Contingency Fund Act of 2001 to significantly increase the state's financial backup limit for handling unexpected expenses. Specifically, it raises the permissible spending amount from 150 crore rupees to 750 crore rupees for a temporary period starting with the law's enactment and ending on March 31, 2011. This change allows the government greater flexibility to manage immediate financial needs during this timeframe. The legislation also formally repeals an earlier ordinance that provided similar emergency spending powers, thereby confirming the increased fund limit through official statute rather than temporary order.

PDF: pending for this language.