Sunday, 20 March 2011
Fiscal Responsibility and Budget Management FRBM Act 2003
Posted on 21:38 by Unknown
Concerned over the worsening of fiscal situation, in 2000, the Government of India had set up a committee to recommend draft legislation for fiscal responsibility. Based on the recommendations of the Committee, Government of India introduced the Fiscal Responsibility and Budget Management (FRBM) Bill in December 2000. In this Bill numerical targets for various fiscal indicators were specified.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment