Section 4(1)(d) in Uttarakhand Fiscal Responsibility and Budget Management Act, 2005

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State of Uttarakhand - Subsection

Section 4(1)(d) in Uttarakhand Fiscal Responsibility and Budget Management Act, 2005

(d)To ensure that borrowings are used on development activities, which are evaluated to become self-sustained, and creation or augmentation of capital assets, and are not applied to finance current expenditure.

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State of Uttarakhand - Subsection

Section 4(1)(d) in Uttarakhand Fiscal Responsibility and Budget Management Act, 2005