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[Cites 0, Cited by 0] [Section 5] [Entire Act]

State of Meghalaya - Subsection

Section 5(A) in The Meghalaya Fiscal Responsibility and Budget Management Act, 2006

(A)Expenditure Management:
(i)to rationalize and pursue expenditure policies that would provide impetus to economic growth, poverty reduction and improvement in human welfare;
(ii)manage the expenditure of the State in relation to its receipts potential so as to prevent as far as possible deterioration in its fiscal position, especially on the revenue account;
(iii)to make an effort to contain non plan expenditure with the sole objective of bringing down the deficit on the Balance from Current Revenue/Non Plan Gap;
(iv)to reduce the expenditure on salaries and wages of the government through an objective analysis on the relevancy of the existing posts and to abolish any identified vacant redundant posts;