The Macroeconomic Framework Statement, in such form as may be prescribed, shall contain an overview of the State economy, an analysis of growth and sectoral composition work of GSDP, an assessment related to State Government finances and future prospects.
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Section 1 · Short title and commencement.Section 2 · Definitions.Section 3 · Fiscal Management Objectives.Section 4 · Fiscal Management Principles.Section 5 · Fiscal Policy Statements to be laid before the Legislature.Section 7 · Medium Term Fiscal Policy Statement.Section 8 · Fiscal Policy Strategy Statement.Section 9 · Fiscal Targets.India Code, Government of India. Text fetched 15 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.