Fiscal Responsibility and Budget Management Act
GPTKB entity
Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Indian legislation
|
| gptkbp:abbreviation |
FRBM Act
|
| gptkbp:amendedBy |
gptkb:Finance_Act,_2018
Finance Act, 2012 |
| gptkbp:appliesTo |
gptkb:Government_of_India
|
| gptkbp:dateEnacted |
2003
|
| gptkbp:enactedBy |
gptkb:Parliament_of_India
|
| https://www.w3.org/2000/01/rdf-schema#label |
Fiscal Responsibility and Budget Management Act
|
| gptkbp:keyProvision |
requirement to present Medium-term Fiscal Policy Statement
requirement to present Fiscal Policy Strategy Statement setting targets for fiscal deficit setting targets for revenue deficit requirement to present Macroeconomic Framework Statement |
| gptkbp:objective |
to ensure fiscal discipline
to improve macroeconomic management to promote transparency in fiscal operations to reduce India's fiscal deficit |
| gptkbp:penalty |
no direct penalty
|
| gptkbp:relatedTo |
gptkb:Government_of_India
Indian economy Fiscal deficit N.K. Singh Committee Revenue deficit |
| gptkbp:repealedBy |
no
|
| gptkbp:status |
in force
|
| gptkbp:bfsParent |
gptkb:Ministry_of_Finance,_India
|
| gptkbp:bfsLayer |
7
|