The Arunachal Pradesh Fiscal Responsibility and Budeget management ( Amendment) Act, 2022

,p ( 6b* l{ld*i The Arunachal Pradesh Gazette EXTRAORDINARY PUBLISHED BY AUTHORITY No. 121, Vol. XxlX, Naharlagun,Wednesday, Aptil 27,2022, Vaisakha 7, 1944 (Saka) GOVERNMENT OF ARUNACHAL PRAOESH LAW, LEGISLATIVE AND JUSTICE DEPARTMENT CIVIL SECRETARIAT ITANAGAR Onit Panyang, IAS Commissioner to the Govemment of Arunachal Pradesh, Itanagar. Published (Finance)- and printed by.Directorate of Printing, Nahartagun-213t2O22-Oop_2SO+Secy. (LA)_SOlSecy. 50+Commr. (Law)-50-4-2022. NOTIFICATION The 26th April, 2022 . No. LA,/Legn-312022.-The following Act of theArunachat pradesh Legistatjve Assembly which was passed in the Ninth Session of the Seventh Legislative Assembly and received th6 assent of the Governor ofArunachal Pradesh is hereby published for general information. (Received the assent of the Gove rnor on 22nd April,2o22l THEARUNACHAT PRADESH FISCAL RESPONSIBILITYAND BUDGET MANAGEIIENT (ATIENDMENT) ACT, M22 (ACT NO.4 OF 2022) An Act further to amend theArunachar pradesh Fiscar Responsibirity and Budget Management Act, 2006 (Act No. 4 of 2006). - Be it enacted by the Legistative Assembly ofArunachal pradesh in the seventy Third year of the Republic of lndia as follows : 1. shod title and commencement : (1) ThisAct may be called the Arunachal pradesh Fiscal Responsibility and Budget Management (Amendment)Act, 2022. (2) lt shall be deemed to have come into force with effect from 1st Aprit,.2021. 2. Amendment of section : ln theArunachal pradesh Fiscal Responsibility and Budget ManagementAct, 2006 (Act No. 4 of20o6), in section 4, in sub_section (3i after clause (i), the following clause shall be added :- "0) The normar rimit for net borrowing of the state Government for the financiar year 2021 - 22 ro 2o2s - 2G to be fired and maintained at 4 p.rcent of Grose dtate Domestic Product (GSDP) in ZO21 - Zl,3.S percentin 2OZ2 _ 23 and at 3 percent o, Groas State Domestic product (GS Opl trom ZO2l - 24 to 2O2S - 26- .