section 3
Fiscal Management Objectives
The Mizoram Fiscal Responsibility and Budget Management Act, 2006Finance200614 sections
Statutory text
Fiscal Management Objectives- The State Government shall-
- (1) take appropriate measure to eliminate the revenue deficit and contain the fiscal deficit at sustainable levels;
- (2) pursue policies to raise non-tax revenue with due regard to cost recovery and equity;
- (3) lay down norms for prioritisation of capital expenditure, and pursue expenditure policies that would provide impetus for economic growth, poverty reduction and improvement in human welfare.
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