Action for Compliance

(1) The Annual Budget and the policies announced at the time of the budget should be in accordance with the objectives and targets of the medium-term fiscal plan of the coming years. (2) The Minister-in-charge of the Finance Department shall review the trends of receipts and expenditure in the context of the budget and the expected remedial measures to be taken for the achievement of the targets set in the budget. (3) If there is a revenue deficit in any year in accordance with the policy decisions taken by the State Government, the said deficit shall be adjusted in the next year or in the coming next years or some other decision may be taken for the increase of total revenue receipt to adjust this revenue deficit, or both the above methods may be adopted by the State Government. Provided that no provision of this sub-section shall apply to the expenditure charged on the Consolidated Fund of the State under clause (3) of Article 202 of the Constitution of India. (4) When the revenue deficit and fiscal deficit increase due to unforeseen demands on the State's finances, the Government shall identify the net fiscal expenditure on disasters and may put a stop on the expansion of compliance with such expenditure to the specified limit. (5) Whenever any supplementary estimate is presented before the Legislative Assembly, the State Government shall also present a statement regarding the reduction in expenditure accordingly so that the financial effectiveness of the supplementary estimates can be neutralized in view of the budget targets of the current year and the objectives of the medium-term fiscal plan. (6) No liability other than the budgetary provisions of the financial year shall be created without the approval of the Finance Department of the Government. Unauthorized liability created in this manner shall be considered as utter negligence and the concerned officer(s) creating such liability shall be personally responsible.