Section 4(1)(a) in Punjab Fiscal Responsibility and Budget Management Act, 2003
(a)[ reduce the fiscal deficit from the financial year 2005-2006 so as to bring it down to three per cent of Gross State Domestic Product (GSDP) by the year 2009-2010; [Clause (a), (b) and (c) substituted by Punjab Act No. 1 of 2006.]