9911796707
TMI BlogAmendment of section 3.X X X X Extracts X X X X X X X X Extracts X X X X ..... ause (c), the following clause shall be inserted, namely: "(d) the Medium-term Expenditure Framework Statement"; (b) after sub-section (1), the following sub-sections shall be inserted, namely: "(1A) The statements referred to in clauses (a) to (c) of sub-section (1) shall be followed up with the Medium-term Expenditure Framework Statement with detailed analysis of underlying assumptions. (1B) The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... involving new service, new instruments of service, new schemes and programmes; (ii) the explicit contingent liabilities, which are in the form of stipulated annuity payments over a multi-year time-frame; (iii) the detailed breakup of grants for creation of capital assets."; (d) in sub-section (7), for the words "the Fiscal Policy Strategy Statement,", the words "the Fiscal Policy Strategy Stateme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ther seeks to insert new sub-sections (1A) and (1B) in the aforesaid section so as to provide that the statements referred to in clauses (a) to (c) of sub-section (1) shall be followed up with the Medium-term Expenditure Framework Statement with detailed analysis of underlying assumptions. The proposed new sub-section (1B) provides that the Central Government shall lay the Medium-term Expenditure ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... form of stipulated annuity payments over a multi-year time-frame; and the detailed breakup of grants for creation of capital assets. It also seeks to amend sub-section (7) of the aforesaid section so as to include the Medium-term Expenditure Framework Statement in the said sub-section for the purpose of prescribing the form with respect to the said Statement. - statute, statutory provisions legi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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