Andhra Pradesh Fiscal Responsibility and Budget Management Rules, 2006

{
    "id": 14497,
    "slug": "andhra-pradesh-fiscal-responsibility-and-budget-management-rules-2006",
    "title": "Andhra Pradesh Fiscal Responsibility and Budget Management Rules, 2006",
    "short_title": "Andhra Pradesh Fiscal Responsibility and Budget Management Rules, 2006",
    "act_number": "Published vide Notification No. G.O. Ms. No. 183, ",
    "act_year": 2006,
    "act_type": "STATE",
    "location": "Andhra Pradesh",
    "law_status": "unknown",
    "enactment_date": null,
    "description": "Andhra Pradesh Fiscal Responsibility and Budget Management Rules, 2006",
    "preamble": "",
    "section_label": "Section",
    "sections": [
        {
            "number": "1",
            "title": "1. Short title and commencement.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 0
        },
        {
            "number": "2",
            "title": "2. Definitions.",
            "chapter": null,
            "content": "a. \"Act\" means the Andhra Pradesh Fiscal Responsibility and Budget Management Act, 2005;\nb. \"form\" means a form appended to these rules;\nc. \"section\" means a section of the Act;\nd. words and expressions used herein but not defined and defined in the Act shall have the meanings respectively assigned to them in the Act.",
            "footnote": "",
            "is_definition": true,
            "sort_order": 1
        },
        {
            "number": "3",
            "title": "3. Macroeconomic Framework Statement.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 2
        },
        {
            "number": "4",
            "title": "4. Medium Term Fiscal Policy Statement.",
            "chapter": null,
            "content": "(a) revenue deficit as a percentage of TRR;\n(b) fiscal deficit as a percentage of GSDP;\n(c) outstanding total liabilities as a percentage of GSDP;",
            "footnote": "",
            "is_definition": false,
            "sort_order": 3
        },
        {
            "number": "5",
            "title": "5. Fiscal Policy Strategy Statement.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 4
        },
        {
            "number": "6",
            "title": "6. Disclosures.",
            "chapter": null,
            "content": "(a) a statement of select indicators of fiscal situation in Form D-l;\n(b) a statement on components of State Government liabilities and interest cost of borrowing/mobilization of deposits in Form D-2;\n(c) a statement on the Consolidated Sinking Fund in Form D-3;\n(d) a statement on guarantees given by the Government in Form D-4;\n(e) a statement on outstanding risk-weighted guarantees in Form D-5;\n(f) a statement on the Guarantee Redemption Fund in Form D-6;\n(g) a statement of assets in Form D-7;\n(h) A statement on claims and commitments made by the State Government on revenue demands raised but not realized in Form D-8; and\n(i) a statement on liability in respect of major works and contracts, committed liabilities in respect of land acquisition charges and claims on the State Government in respect of unpaid bills on works and supplies in Form D-9;\n(j) a statement giving details of number of employees in government, public sector and aided institutions and related salaries and pensions in Form D-10.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 5
        },
        {
            "number": "7",
            "title": "7. Measures to enforce compliance.",
            "chapter": null,
            "content": "(i) the total non-debt receipts are less than 40 per cent of Budget Estimates for that year; or\n(ii) the fiscal deficit is higher than 45 per cent of Budget Estimates for that year; or\n(iii) the revenue deficit is higher than 45 per cent of the Budget Estimates for that year;then-\n(a) as required under sub-section (2) of Section 11 of the Act, the State Government shall take appropriate measures and (b) as required under sub-section 3(b) of Section 11 of the said Act, the Minister-in-charge of the Ministry of Finance shall make a statement in the Legislature during the session immediately following the end of the second quarter detailing the corrective measures taken and the prospects for the fiscal deficit of that financial year.\nForm FI\nForm FI\n( See Rales 3 and 4)\nMacro Economic Framework Statement\nMacro Economic Framework Statement\nOverview of the State Economy.\nGSDP Growth.\nOverview of State Government Finances.\nProspects.\nF-l (Contd.)\nF-l (Contd.)\nMacro Economic Framework Statement\nMacro Economic Framework Statement\nEconomic Performance at a Glance\nTable 1: Trends in Select Macroeconomic and\n\t\t\t\tFiscal Indicators\nTable 1: Trends in Select Macroeconomic and\n\t\t\t\tFiscal Indicators\nAbsolute Value (Rs. Crore)\nAbsolute Value\nPercentage Changes\nPercentage Changes\nApril-Reporting Period*\nApril-Reporting Period*\nApril-Reporting period*\nApril-Reporting period*\nPrevious Year\nCurrent Year\nPrevious Year\nCurrent Year\nReal Sector\nReal Sector\n1.\nGSDP at factor cost\n(a) at current price\n(b) at 1993-94 price\n2.\nAgriculture Production\n3.\nIndustrial Production\n4.\nTertiary Sector Production\nGovernment Finances\nGovernment Finances\n1\nRevenue Receipts (2+3)\n2\nTax Revenue (2.1+2.2)\n2.1\nOwn Tax Revenue\n2.2\nState's Share in Central Taxes\n3\nNon-Tax Revenue 3.1+3.2)\n3.1\nState's Own Non Tax revenue\n3.2\nCentral Transfers\n4\nCapital Receipts (5+6+7)\n5\nRecovery of loans\n6\nOther Receipts\n7\nBorrowing and other liabilities\n8\nTotal Receipts (1+4)\n9\nNon-Plan Expenditure\n10\nRevenue Account of which:\n11\n(a) Interest payments\n(b) Subsides\n(c) Wages & Salaries\n(d) Pension Payments\n12\nCapital Account\n13\nPlan Expenditure\n14\nRevenue Account\n15\nCapital Account\n16\nTotal Expenditure (9 + 13)\n17\nRevenue Expenditure (10 + 14)\n18\nCapital Expenditure (12 +15)\n19\nRevenue Deficit (17 - 1)\n20\nFiscal Deficit (16 (1+5+6)}\n21\nPrimary Deficit (20-1 la)\nMemo:\nAverage amount of WMA from RBI^\nAverage amount of OD from RBI^\nNumber of days of OD\nNumber of occasions of OD\n* Date will relate to the period up to which information for the current year is available. To facilitate comparison, date of previous year correspondents to the same period of current year. Accordingly, reporting period may vary for different items.\n^ The average amount of WMA/OD is calculated by summing up the outstanding amount of WMA as on each day (including holidays) and dividing by the total number of days during April-Reporting period.\nForm F-2\nForm F-2\n( See rule 4)\nMedium Term Fiscal Policy Statement\nMedium Term Fiscal Policy Statement\nA. Fiscal Indicators - Rolling Targets\nPrevious Year (Y-2) Actuals\nCurrent Year (Y-l) Budget Estimates (BE)\nCurrent (Year Y-l) Revised Estimates (RE)\nEnsuing Year (Y) Budget Estimates (BE)\nTargets for next Two Years\nY+l\nY+2",
            "footnote": "",
            "is_definition": false,
            "sort_order": 6
        },
        {
            "number": "1",
            "title": "1. Revenue Deficit as percentage of Total Revenue Receipts (TRR)",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 7
        },
        {
            "number": "2",
            "title": "2. Fiscal Deficit as percentage of GSDP",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 8
        },
        {
            "number": "3",
            "title": "3. Total outstanding Liabilities as percentage of GSDP",
            "chapter": null,
            "content": "4. [Any additional target (s)]\nB. Assumptions underlying the Fiscal Indicators-",
            "footnote": "",
            "is_definition": false,
            "sort_order": 9
        },
        {
            "number": "1",
            "title": "1. Revenue receipts",
            "chapter": null,
            "content": "(a) Tax-revenue-Sectoral and GSDP growth rates\n(b) Non-tax-revenue- Policy stance\n(c) Devolution to Local Bodies\n(d) Share of own tax revenue to total tax revenue\n(e) Share of own non-tax revenue to total non-tax revenue",
            "footnote": "",
            "is_definition": false,
            "sort_order": 10
        },
        {
            "number": "2",
            "title": "2. Capital receipts - Debt stock, repayment, fresh loans and policy stance",
            "chapter": null,
            "content": "(a) Loans and advances from the Centre\n(b) Special securities issued to the NSSF\n(c) Recovery of loans and advances\n(d) Borrowing from financial institutions\n(e) Other receipts (net) - small savings, provident funds, etc.\n(f) Outstanding Liabilities - Internal Debt and Other Liabilities",
            "footnote": "",
            "is_definition": false,
            "sort_order": 11
        },
        {
            "number": "3",
            "title": "3. Total expenditure - Policy Stance",
            "chapter": null,
            "content": "(g) Revenue account\n(i) Interest payments - (a) on borrowings during the year (aggregate and category-wise); (b) on outstanding liabilities - (i) (aggregate and category-wise)\n(ii) Major subsidies\n(iii) Salaries\n(iv) Pensions\n(v) Others.\n(h) Capital account\n(i) Loans and advances\n(ii) Capital Outlay",
            "footnote": "",
            "is_definition": false,
            "sort_order": 12
        },
        {
            "number": "4",
            "title": "4. GSDP Growth",
            "chapter": null,
            "content": "C. Assessment of sustainability relating to.\n(ii) The use of capital receipts including market borrowings for generating productive assets. The Medium Term Fiscal Policy Statement may specify the proposed use of capital receipts for generating productive assets in different categories. It may also spell out the proposed changes among these categories and discuss them in terms of the overall policy of the Government.\n(iii) The estimated yearly pension liabilities worked out on actuarial basis for the next ten years. In case it is not possible to calculate the pension liabilities on actuarial basis during the period of first three years after the coming into force of this Ordinance, the State Government may, during that period, estimate the pension liabilities by making forecasts on the basis of trend growth rates (i.e. average rate of growth of actual pension payments during the last three years for which data are available).\nForm F-3\nForm F-3\n( See Rule 5)\nFiscal Policy Strategy Statement\nFiscal Policy Strategy Statement\nA. - Fiscal Policy Overview:\nB. - Fiscal policy for the ensuing year;\n(1) Tax Policy. - In the sub-paragraph on tax policy, major changes proposed to be introduced in direct and indirect taxes in the ensuing financial year will be presented. It shall contain an assessment of exemption in various taxes and how far it relates to principles regarding tax exemptions.\n(2) Expenditure Policy. - Under expenditure policy, major changes proposed in the allocation for expenditure shall be indicated. It shall also contain an assessment of principles regarding the benefits and target group of beneficiaries.\n(3) Borrowings and Other Liabilities-Lending and Investments. - In this sub-paragraph on borrowings, the policy relating to internal debt, including the access to WMA/OD facility from the Reserve Bank of India, Government lending, investments and other activities; including principles regarding average maturity structure, bunching of repayments, etc., shall be indicated. The borrowings by Public Sector Undertakings and Special Purpose Vehicle, lending, investments, pricing of user charges on public goods and utilities and description of other activities, and activities of Public Sector Undertaking which have potential budgetary implications; and the key fiscal measures and targets pertaining to each of these shall be indicated.\n(4) Consolidated Sinking Fund. - In this sub-paragraph, the policy related to the Consolidated Sinking Fund (CSF) shall be indicated.\n(5) Contingent and other Liabilities. - Any change in the policy on contingent and other liabilities, in particular guarantees, which have potential budgetary implications shall be indicated. Any change in the policy related to borrowings by special purpose vehicle (SPV) and other equivalent instruments where liability for repayment is on the State Government shall be indicated. The policy on building up of the Guarantee Redemption Fund (GRF) and commission charges/collected for guarantees issued shall also be indicated.\n(6) Levy of User Charges. - Any change proposed in the levy of user charges of public services shall be spelt out.\nC. Strategic priorities for the ensuring year:\n(1) Resource mobilization for the ensuing financial year through tax, non-tax and other receipts shall be spelt out.\n(2) The broad principles underlying the expenditure management during the ensuing year shall be spelt out.\n(3) Priorities relating to management of public debt proposed during the ensuing year shall be indicated.]\nD. Rationale for Policy changes:\n(1) The rationale for policy changes consistent with the Medium Term Fiscal Policy Statement, in respect of taxes proposed in the ensuing Budget shall be spelt out.\n(2) The rationale for major policy changes in respect of budgeted expenditure including expenditure on subsidies and pensions shall be indicated.\n(3) Rationale for changes, if any, proposed in the management of the public debt shall be indicated.\n(4) The need for changes, if any, proposed in respect of the charges for public utilities shall be spelt out.]\nE. Policy Evaluation:\nForm D-1\nForm D-1\n( See Rule 61)\nSelect Fiscal Indicators\nSelect Fiscal Indicators\nItem\nPrevious Year\n(Actuals)\nCurrent Year\n(RE)\n1.\nGross Fiscal Deficit as Percentage of GSDP\n2.\nRevenue Deficit as Percentage of Gross Fiscal\n\t\t\t\tDeficit\n3.\nRevenue Deficit as Percentage of GSDP\n4.\nRevenue Deficit as Percentage of TRR\n5.\nTotal Liabilities -GSDP Ratio (%)\n6.\nTotal Liabilities - Total Revenue Receipts (%)\n7.\nTotal Liabilities - State's Own Revenue Receipts\n\t\t\t\t(%)\n8.\nState's Own Revenue Receipts to Revenue\n\t\t\t\tExpenditure (%)\n9.\nCapital Outlay as Percentage of Gross Fiscal\n\t\t\t\tDeficit\n10.\nInterest Payment as Percentage of Revenue\n\t\t\t\tReceipts\n11.\nSalary Expenditure as Percentage of Revenue\n\t\t\t\tReceipts\n12.\nPension Expenditure as Percentage of Revenue\n\t\t\t\tReceipts\n13.\nNon-developmental Expenditure as Percentage of\n\t\t\t\taggregate disbursements\n14.\nGross Transfers from the Center as Percentage\n\t\t\t\tof Aggregate Disbursements\n15.\nNon-tax Revenue as Percentage of TRR\nForm D-2\nForm D-2\n( See Rule 6)\nA. Components of State Government Liabilities\nA. Components of State Government Liabilities\nCategory\nRaised during the Fiscal Year\nRepayment/Redemption during the Fiscal Year\nOutstanding Amount\n(End-March)\nPrevious Year\n(Actuals)\nCurrent Year\n(RE)\nPrevious Year\n(Actuals)\nCurrent Year\n(RE)\nPrevious Year\n(Actuals)\nCurrent Year\n(RE)\nMarket Borrowings\nLoans from Centre\nSpecial Securities issued to the NSSF\nBorrowings from Financial Institutions / Banks\nWMA/OD from RBI\nSmall Savings, Provident Funds, etc\nReserve Funds/ Deposits\nOther Liabilities\nTotal\nTotal\nForm D-2\nForm D-2\n( See Rule 6)\nB. Weighted Average Interest Rates on State Government Liabilities (per cent)\nB. Weighted Average Interest Rates on State Government Liabilities (per cent)\nRaised during the Fiscal Year^\nOutstanding Amount (End-March)\nCategory\nPrevious Year\n(Actuals)\nCurrent Year\n(RE)\nPrevious Year\n(Actuals)\nCurrent year\n(RE)\nMarket Borrowings\nLoans from Centre\nSpecial Securities issued to the NSSF\nBorrowings from Financial Institutions/ Banks\nWMA/OD from RBI\nSmall Savings, Provident Funds, etc\nReserve Funds/Deposits\nOther Liabilities\nTotal*\nTotal*\n^ Weighted average interest rate where the respective weight is the amount borrowed. This is calculated on contractual basis and then annualized.\n* Weighted average interest rate where the weights are the amount of the respective components of State Government liabilities.\nExample 1\nExample 2\nForm D-3\nForm D-3\n( See Rule 6)\nConsolidated Sinking Fund (CSF)\nConsolidated Sinking Fund (CSF)\n(Amount in Rs.\n\t\t\t\tCrore)\nOutstanding Balance in CSF at the beginning of\n\t\t\t\tthe previous year\nAdditions to CSF during the previous year\nWithdrawals from CSF during the previous year\nOutstanding balance in SCF at the end of the\n\t\t\t\tprevious year/ beginning of current year\n(4)/Outstanding Stock of SLR Borrowings (%)\nAdditions to CSF during the current year\nWithdraw also from CSF during the current year\nOutstanding at the end of current year/\n\t\t\t\tbeginning of ensuing year\n(8)/Stock of SLR Borrowings (%)\n(1)\n(2)\n(3)\n(4)\n(5)\n(6)\n(7)\n(8)\n(9)\nForm D-4\nForm D-4\n( See Rule 6)\nGuarantees given by the Government\nGuarantees given by the Government\nCategory (No. of Guarantees within bracket)\nMaximum Amount\n\t\t\t\tGuaranteed during the year\n(Rs. crore)\nOutstanding at the\n\t\t\t\tbeginning of the year\n(Rs. crore)\nAdditions during the\n\t\t\t\tyear\n(Rs.crore)\nReductions during the\n\t\t\t\tyear (other than invoked during the year\n(Rs. crore)\n1\n2\n3\n4\n5\nInvoked during the\n\t\t\t\tyear\n(Rs. crore)\nOutstanding at the end\n\t\t\t\tof the year\n(Rs. crore)\nGuarantee Commission\n\t\t\t\tof Fee\n(Rs. crore)\nRemarks\nDischarged\nNot Discharged\nReceivable\nReceived\n6\n7\n8\n9\n10\n11\nNote. - Reporting year refers to the second year preceding the year for which the Budget is presented.\nNote.\nForm D-5\nForm D-5\n( See Rule 6)\nOutstanding Risk-weighted Guarantees\nOutstanding Risk-weighted Guarantees\nDefault\n\t\t\t\tProbability\nRisk weights (per cent)\nAmount outstanding as in the Previous Year and\n\t\t\t\tthe Current Year\nRisk weighted outstanding guarantee in the\n\t\t\t\tprevious year and the current year\nDirect Liabilities\n100\nHigh Risk\n75\nMedium Risk\n50\nLow Risk\n25\nVery Low\n5\nRisk\nTotal\nTotal\nOutstanding\nOutstanding\nNote. - The risk-weights have been pre-specified for various risk categories.\nNote.\nForm D-6\nForm D-6\n( See Rule 6)\nGuarantee Redemption Fund (GRF)\nGuarantee Redemption Fund (GRF)\n(Amount in Rs. Crore)\nOutstanding\n\t\t\t\tinvoked guarantees at the end of the previous year\nOutstanding Amount in GRF at the end of the\n\t\t\t\tprevious year\nAmount of Guarantees Likely to be Invoked during\n\t\t\t\tthe current year\nAddition to GRF during the current year\nWithdrawal from the GRF during the current year\nOutstanding Amount in GRF at the end of the\n\t\t\t\tcurrent year\n(1)\n(2)\n(3)\n(4)\n(5)\n(6)\nNotes. - (i) As per the terms of the GRF, during each year, the Government is required to contribute an amount equivalent at least to 1/5th of the outstanding invoked guarantees plus an amount likely to be invoked as a result of the incremental guarantees issued during the year.\nNotes.\n(ii)Previous year refers to the year preceding the current year.\nForm D-7\nForm D-7\n( See Rule 6)\nStatement of Assets\nStatement of Assets\nAssets at the Beginning of the Reporting year\nAssets acquired during the Reporting year\nCumulative total of assets at the end of the\n\t\t\t\t\tReporting year\nBook Value\n(Rs.cr.)\nBook Value\n(Rs. cr.)\nBook Value\n(Rs.cr.)\nFinancial assets:\nFinancial assets:\nLoans and advances\nLoans to Local   Bodies\nLoans to companies\nLoans to others\nEquity Investment\nShares\nBonus shares\nInvestments in Gol\nDated securities/   Treasury Bills\nInvestments in 14-day\nIntermediate Treasury\nBills\nOther financial Investments\n(please specify)\nTotal\nPhysical assets:\nPhysical assets:\nLand\nBuilding- Office/Residential\nRoads\nBridges\nIrrigation Projects\nPower projects\nOther capital projects\nMachinery & Equipment\nOffice Equipment\nVehicles\nTotal\nNotes. - 1. Assets above the threshold value of Rupees two lakh only to be recorded.\nNotes.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 13
        },
        {
            "number": "2",
            "title": "2. Reporting year refers to the second year preceding the year for which the annual financial statement and demands for grants are presented.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 14
        },
        {
            "number": "3",
            "title": "3. The Statement in respect of physical assets is to be prepared based on asset register maintained by the Government. The value to be indicated would be book-value, i.e. acquisition cost netted for depreciation/impairment.",
            "chapter": null,
            "content": "Form D-8\nForm D-8\n( See Rule 6)\nTax Revenues Raised But Not Realised\nTax Revenues Raised But Not Realised\n(principal taxes)\n(As at the end of the reporting year)\nAmount under\n\t\t\t\t\tdisputes\nAmount under\n\t\t\t\t\tdisputes\n(Rs. crore)\nAmount not under\n\t\t\t\t\tdisputes\nAmount not under\n\t\t\t\t\tdisputes\n(Rs. crore)\nGrand Total\nMajor\nDescription\nOver 1 year but less than two years\nOver 2 years but less than 5 years\nOver 5 years but less than 10 years\nOver 10 years\nTotal\nOver 1 year but less than two years\nOver 2 years but less than 5 years\nOver 5 years but less than 10 years\nOver 10 years\nTotal\nTaxes on Income & Expenditure\nTaxes on Income & Expenditure\nAgricultural Income tax\nTaxes on Professions, Trades, Callings and\n\t\t\t\t\temployment\nTaxes on Property and capital Services\nTaxes on Property and capital Services\nLand Revenue\nStamps and Registration Fees\nUrban immovable property tax\nTaxes on Commodities and Services\nTaxes on Commodities and Services\nSales Tax\nCentral Sales tax\nSales Tax on Motor Spirit and Lubricants\nSurcharge on Sales Tax\nState Excise Taxes on Vehicles\nOther Taxes\nTotal\nTotal\nNote. - Reporting year refers to the second year preceding the year for which the annual financial statement and demands for grants are presented.\nNote.\nForm D-9\nForm D-9\n( See Rule 6)\nStatement of Miscellaneous Liabilities: Outstanding.\nStatement of Miscellaneous Liabilities: Outstanding.\n(Rs. crore)\nOutstanding Amount $\nOutstanding Amount $\nMajor Works and Contracts\nCommitted liabilities in respect of land acquisition charges\nClaims in respect of unpaid bills on works and supplies\n$ The outstanding amount pertains to the end-March position for the year before the current year.\nForm D-10\nForm D-10\n( See Rule 6)\nNumber of Employees in Public Sector Undertakings & Aided Institutions and Expenditure of State Government\nNumber of Employees in Public Sector Undertakings & Aided Institutions and Expenditure of State Government\nSI. No.\nSI. No.\nSector Name\nSector Name\nTotal Employees as On 31-03\nTotal Employees as On 31-03\nRelated Expenditure\n\t\t\t\tduring\nRelated Expenditure\n\t\t\t\tduring\n(Rs. in crores)\n(Rs. in crores)\nOn Salary\nOn Pension\n1\nState Government\n2\nJudiciary\n3\nAided Educational Institutions\n4\nZilla Praja Parishads\n5\nMandal Praja Parishads\n6\nGram Panchayats\n7\nMunicipal Corporations\n8\nMunicipalities\n9\nUrban Development Authorities\n10\nAgricultural Market Committees\n11\nZilla Grandhalaya Samasthas\n12\nState Public Sector Undertakings\n13\nUniversities\n14\nCooperative institutions and other Government Bodies\n15\nTemples\nTotal\nTotal",
            "footnote": "",
            "is_definition": false,
            "sort_order": 15
        }
    ],
    "metadata": {
        "Act ID": "Last Updated 24th September, 2019 [ap592]",
        "Act Number": "Published vide Notification No. G.O. Ms. No. 183, Finance (BG.I), dated 30.06.2006",
        "Enactment Date": "",
        "Act Year": "2006",
        "Short Title": "Andhra Pradesh Fiscal Responsibility and Budget Management Rules, 2006",
        "Type": "STATE",
        "Location": "Andhra Pradesh"
    },
    "updated_at": "2026-09-29 21:55:18"
}