FRBM Act Borrowing powers of Union and states- Fiscal consolidation FRBM Review Committee

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 Medium-term Fiscal Policy Statement – This report was to present a three-year rolling target for the fiscal indicators

Fiscal Policy Strategy Statement – -strategies and policies for the upcoming Financial Year including strategic fiscal priorities, taxation policies, key fiscal measures and an evaluation of how the proposed policies of the Central Government conform to the 'Fiscal Management Principles' of this act.

Macro-economic Framework Statement –GDP growth, revenue balance, gross fiscal balance and external account balance of the balance of payments