Amendment status not verified — confirm the current text below against the official source.
The Government shall–– (a) take appropriate measures to strengthen the revenue surplus and thereafter build up adequate revenue surplus at a sustainable level, and utilize such surplus for discharging the liabilities in excess of the assets or for funding capital expenditure ; (b) pursue policies to raise non-tax revenue with due regard to cost recovery and equity ; (c) lay down norms for prioritization of capital expenditure ; and (d) expenditure policies that would provide impetus for economic growth, poverty reduction and improvement in human welfare/standard of life.