The Uttar Pradesh Fiscal Responsibility and Budget Management (Amendment) Act, 2025

Finance20252 sections

This legislation amends the Uttar Pradesh Fiscal Responsibility and Budget Management Act to modify the state government's borrowing rules. It permits an additional loan limit of 0.50 percent of Gross State Domestic Product for the 2025-2026 financial year, provided the state meets specific performance targets in the energy sector. This change grants the state government greater fiscal flexibility to fund energy initiatives while operating within the existing framework of financial discipline and budget management.

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1. Short title
2. Amendment of Section 4 of U.P. Act no. 5 of 2004

PDF: pending for this language.