Section 5(3) in Rajasthan Fiscal Responsibilities and Budget Management Act, 2005
(3)In Particular and without prejudice to the provisions contained in sub-section (2), the Medium Term Policy Statement shall include an assessment of sustainability relating to-(a)the balance between revenue receipts and revenue expenditures;(b)the use of capital receipts including borrowings for generating productive assets;(c)the estimated yearly pension liabilities worked out on actuarial basis for the next ten years:Provided that for a period of five financial years from the commencement of this Act pension liabilities may instead of working out on actuarial basis, be estimated by making forecasts on the basis of trend growth rates.
