Fiscal Management Objectives

The State Government - (a) shall take appropriate measures to eliminate revenue deficit and thereafter maintain sufficient revenue surplus and maintain fiscal deficit at a sustainable level and utilize such surplus for funding capital expenditure; (b) shall pursue policies to increase non-tax revenue with due regard to cost recovery and equity; and (c) shall lay down fiscal policy for priority of capital expenditure and follow such expenditure policies that would be a catalyst for economic growth, poverty reduction and promotion of human welfare.