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Uttar Pradesh Extraordinary Gazette · Government of Uttar Pradesh

THE UTTAR PRADESH FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT (SECOND AMENDMENT) RULES, 2025

Published 28 February 2025

Department
Finance (Income-Expenditure)
Type
Extraordinary
Notification no.
बी-1-289/दस-2025-14-1-2006
Subdepartment
Anubhag-1
Identifier
in.gazette.uttarpradesh_extraordinary.2025-02-28.c_202503111651059429
Languages
English, Hindi
Published at
Original source ↗

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IN pursuance of the provisions of clause (3) of Article 348 of the Constitution, the Governor is pleased to order the publication of the following English translation of notification no. B-1-289/X- 2025-14(1)-2006, dated February 28, 2025:

No. B-1-289/X-2025-14(1)-2006 Dated Lucknow, February 28, 2025

In exercise of the powers under section 7 of the Uttar Pradesh fiscal Responsibility and Budget Management Act, 2004 (U.P. Act no. 5 of 2004) read with section 21 of the Uttar Pradesh General Clauses Act, 1904 (U.P. Act no. 1 of 1904), the Governor is pleased to make the following rules with a view to amend the Uttar Pradesh Fiscal Responsibility and Budget Management Rules, 2006.

THE UTTAR PRADESH FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT (SECOND AMENDMENT) RULES, 2025

Short title and

1. (1) These rules may be called the Uttar Pradesh Fiscal Responsibility and Commencement Budget Management (Second Amendment) Rules, 2025.

(2) They shall come into force with effect from the date of their publication in the official Gazette.

2. In the Uttar Pradesh Fiscal Responsibility and Budget Management Rules, Insertion of new rule 3A

2006 after the existing rule 3, the following new rule shall be inserted, namely :–

3A. The total amount of guarantees that may be given by the State Government

"Ceiling on

to the Public Sector undertakings, Corporations, Companies government or Co-operative Bodies or any other entity under its administrative guarantees Section 4 (3) (e) and financial control in a financial year shall not exceed fifteen percent of actual receipts from the State's own tax revenue in the second preceding financial year."

By order,

DEEPAK KUMAR,

Apar Mukhya Sachiv.

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Cite this issue. Uttar Pradesh Extraordinary Gazette, Government of Uttar Pradesh, 28 February 2025. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.uttarpradesh_extraordinary.2025-02-28.c_202503111651059429/. Archive identifier in.gazette.uttarpradesh_extraordinary.2025-02-28.c_202503111651059429.