Amendment status not verified — confirm the current text below against the official source.
Fiscal policy strategy statement The Fiscal Policy Strategy Statement shall be in suh form a may be prescribd and shall contain, inter-aha; i) the fiscal policies of the State Government for the ensuing year relating to taxation, expenditure, borrowing and other liabilities (including borrowing by Public Sector Undertakings and Special Purpose Vehicle and other equivalent instruments where liability for repayment is on the State Government), lending, investments, other contingent liabilities, user charges on public goods/utilities; ii) description of other activities, such as guarantees and activities of Public Sector Undertakings which have potential budgetary implications; iii) the strategic priorities of the State Government in the fiscal area for the ensuing year; iv) the key fiscal measures and the rational for any major deviation in fiscal measures pertaining to taxation, subsiy, expenditure, borrowings and use charges on public goods/utilities; and v) an evaluation of the current policies of the State Government vis-A-vis the fiscal management principles set out in Section 4 and the fiscal objectives set out in the medium-term fiscal policy statement in sub- section 1 of Section 7 and fiscal targets set out in Section 9.