About this document
Karnataka Fiscal Responsibility Act Overview by kavya is a document available to read on EtoBox.
This document outlines the Karnataka Fiscal Responsibility Act of 2002, which aims to ensure fiscal stability and sustainability in the state. Some key points: 1) It requires the state government to annually submit a medium-term fiscal plan to the legislature, setting targets for fiscal indicators over four years. 2) It specifies principles to guide fiscal management and requires eliminating the revenue deficit and containing the fiscal deficit to 3% of GSDP by 2006. 3) It aims to increase fiscal trans
- Author
- kavya
- Language
- EN