The Assam Fiscal Responsibility and Budget Management (Amendment) Act, 2011
dtR - [c]t'Vb7ci>[c]i Registered No. 768/97

# THE ASSAM GAZETTE

### EXTRAORDINARY

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##### PUBLISHED BY THE AUTHORITY

T° 291 PW R , 5 C R ^ , 2011, 14 \»R, 1933 ( ^ )

No. 291 Dispur, Monday, 5th September, 2011, 14th Bhadra, 1933 (S.E.)

GOVERNMENT OF ASSAM

ORDERS BY THE GOVERNOR

LEGISLATIVE DEPARTMENT :: LEGISLATIVE BRANCH

**NOTIFICATION**

The 5th September, 2011

**No.LGL.59/2005/67. - The following Act of the Assam Legislative Assembly which received**

the assent of the Governor is hereby published for general information.

**ASSAM ACT NO. XVIII OF 2011**

**(Received the assent of the Governor on 03-09-2011)**

**THE ASSAM FISCAL RESPONSIBILITY AND**

**BUDGET MANAGEMENT (AMENDMENT) ACT, 2011.**


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**AN**

**ACT**

further to amend the Assam Fiscal Responsibility and Budget
Management Act, 2005.

Preamble Whereas it is expedient further to amend the Assam Fiscal Assam Act

Responsibility and Budget Management Act, 2005, hereinafter XXVII
referred to as the principal Act, in the manner hereinafter of 2005
appearing;

It is hereby enacted in the Sixty-second Year of the

Republic of India as follows: -

Short title, 1. (1) This Act may be called the Assam Fiscal
extent and Responsibility and Budget Management (Amendment)
commencement Act, 2011.

(2) It shall have the like extent as the principal Act.

(3) It shall be deemed to have come into force on the first
day of April, 2010.

Amendment of 3. In the principal Act, in section 4, in sub-section (3), -
section 4

(iii) for the existing clause (i), the following shall be
substituted, namely: -

“(i) eliminate revenue deficit by 2011-12 and maintain revenue

balance or attain a surplus thereafter

(iv) for the existing clause (v), the following shall be
substituted, namely :-

“(v) reduce fiscal deficit to 3% of the estimated Gross State

Domestic Product by 2010-11 and maintain the same level
thereafter

(iii) for the existing clause (vii), the following shall be

substituted, namely : -

“(vii) attain the total outstanding debt of the State Government to

GSDP ratio at 28.2% in 2010-11, 28.3% in 2011-12,

28.4% in 2012-13, 28.4% in 2013-14 and 28.5% in 2014-15
and maintain the same level thereafter

**MOHD. A. HAQUE,**

Secretary to the Government of Assam.

Legislative Department. Dispur.


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