Section 2

2. Amendment of section : In the Arunachal Pradesh Fiscal Responsibility and Budget Management Act, 2006 (Act No. 4 of 2006), in section 4, in sub-section (3), after clause (i), the following clause shall be added :-
"(j) The normal limit for net borrowing of the State Government for the financial year 2021 - 22 to 2025 - 26 to be fixed and maintained at 4 percent of Gross State Domestic Product (GSDP) in 2021 - 22, 3.5 percent in 2022 - 23 and at 3 percent of Gross State Domestic Product (GSDP) from 2023 - 24 to 2025 - 26".