Measures to enforce compliance

(1) The Minister in-charge of Finance (hereinafter referred to as Finance Minister) shall review every half year the trends in receipts and expenditures in relation to the budget estimates and place the result of such review before the State Legislature. (2) Whenever there is either a shortfall in revenue or excess in expenditure in the half-yearly targets as described in the Fiscal Policy Strategy Statement or rules made under this Act, the State Government shall take appropriate measures to increase the revenue and/or reduce the expenditure including reduction of authorized amounts to be paid and utilized out of the Consolidated Fund of the State: Provided that nothing in this sub-section shall apply to expenditure charged on the Consolidated Fund of the State under clause (3) of Article 202 of the Constitution, or any such expenditure as is required to be incurred under any agreement or contract or any other expenditure which cannot be deferred or reduced. (3) (a) Except as provided in this Act, no deviation in meeting the obligations of the State Government under this Act shall be permissible without the approval of the State Legislature. (b) Where owing to unforeseen circumstances, any deviation is made in meeting the obligations of the State Government under this Act, the Finance Minister shall make a statement in the State Legislature explaining the following:- (one) any deviation in meeting the obligations of the State Government under this Act; (two) whether such deviation is substantial and relates to actual or potential budgetary outcomes; and (three) the remedial measures which the State Government proposes to take. (4) The State Government may entrust to an agency independent of the State Government, the responsibility of periodically reviewing the compliance to the provisions of this Act and such review shall be placed on the table of the State Legislature.