(1) A Regional Development Authority shall cause to be prepared, every year, in such form and at such time as may be laid down in the regulations, an annual budget estimate in respect of the financial year next ensuing, showing the estimated receipt and expenditure of the Regional Development Authority and shall submit it to the Board for its approval.
(2) A Regional Development Authority shall forward to the State Government copies of the budget approved by the Board.
(2) A Regional Development Authority shall forward to the State Government copies of the budget approved by the Board.
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Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Declaration of Special Investment RegionSection 4 · Declaration of peripherySection 5 · Special Investment Region to be an industrial township.Section 6 · Special Investment Region to be out of jurisdiction of local authority.Section 7 · Establishment of Board. -Section 8 · Powers and functions of the Board.India Code, Government of India. Text fetched 24 Oct 2026. Source metadata reports last modification: 2024-02-26. Check the linked official text and subsequent notifications when applying a provision.