Amendment status not verified — confirm the current text below against the official source.
Total Expenditure – Policy Stance (a) Revenue Account - (i) Salary & pension – measures to control (ii) Subsidies – Policies and new proposals (iii) Maintenance Expenditure – Norms and Finance Commission recommendations (iv) Calamity Relief – (v) Others 15 (b) Capital Account - (i) Loans & Advances – (ii) Capital Outlay – measures taken by the State Government to enhance provision for developmental expenditure (c) Assessment of sustainability relating to - (i) The balance between revenue receipts and revenue expenditures. The MTFP may specify the tax-GSDP ratio for the current years and the subsequent two years. It may discuss the non tax revenue and the policies concerning the same. Expenditure on revenue account, both plan and non plan may also be made with particular emphasis on the measures proposed to meet the medium term fiscal objectives. (ii) The use of capital receipts including market borrowings for generating productive assets. The Fiscal Policy Strategy statement may specify the proposed use of capital receipts for generating productive assets in different categories. It may spell out proposed changes among these categories and discuss it in terms of overall policy of the Government. 16 FORM – III [See rule 6] DISCLOSURE STATEMENT 17 FORM – IV [See rule 7] SPECIAL STATEMENT ON NUMBER OF EMPLOYEES AND RELATED SALARIES PROFORMA –I/ II/ III (FOR GOVERNMENT EMPLOYEES/ AIDED EDUCATIONAL INSTITUTIONS/PSUS) NON PLAN/ PLAN AS ON 31ST MARCH 2003/ 2004/ 2005 DEMAND NO. – EMPLOYEES (IN NUMBER) EXPENDITURE (RUPEES IN LAKH) Major Head/ Scales of Pay Sanctioned Strength Men in position Pay including special pay D.A Allowances (HRA, RCM, OA) Total MAJOR HEAD NO.- SCALES OF PAY Note: Information relating to employees on Consolidated Pay shall be shown separately indicating the amount of consolidated pay against each employee. 18 FORM – V [See rule 8] STATEMENT OF DEFERRED LIABILITIES [ No. 39247-Bt.I-16/2005-F.] By order of the Governor S. KANUNGO Under Secretary to Government Printed and published by the Director, Printing, Stationery and Publication, Orissa, Cuttack-10 Ex. Gaz. 725-193+800 19 20 APPENDIX-I EXTRAORDINARY PUBLISHED BY AUTHORITY No. 802, CUTTACK, MONDAY, MAY 16, 2005/ BAISAKHA 26, 1927 LAW DEPARTMENT NOTIFICATION The 16th May 2005 No. 7033/Legis.-The following Act of the Orissa legislative Assembly having been assented to by the Governor on the 11th May 2005 is hereby published for general information. ORISSA ACT 6 OF 2005 THE ORISSA FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT, 2005 AN ACT TO PROVIDE FOR THE RESPONSIBILITY OF THE STATE GOVERNMENT TO ENSURE PRUDENCE IN FISCAL MANAGEMENT AND FISCAL STABILITY BY PROGRESSIVE ELIMINATION OF REVENUE DEFICIT AND SUSTAINABLE DEBT MANAGEMENT CONSISTENT WITH FISCAL STABILITY, GREATER TRANSPARENCY IN FISCAL OPERATIONS OF THE GOVERNMENT AND CONDUCT OF FISCAL POLICY IN A MEDIUM TERM FISCAL FRAMEWORK AND FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO. BE it enacted by the Legislature of the State of Orissa in the Fifty- sixth year of the Republic of India as follows: –