Section 9(2)(d) in The Jammu and Kashmir Fiscal Responsibility and Budget Management Act, 2006
(d)[ reduce outstanding debt as a percentage of GSDP to 56.1 per cent, 55.1 per cent, 53.6 per cent and 51.6 per cent for the years 2010-11, 2011-12, 2012-13 and 2013-14 respectively to reach the target of 49.3 per cent in the year 2014-15;] [Substituted by Act No. XVIII of 2011, dated 18th October, 2011.]