Section 9 of The Tripura Fiscal Responsibility and Budget Management Act,2005 — FISCAL TARGETS

(1) The State Government may prescribe such targets as may be deemed necessary for giving effect to the fiscal management objectives. (2) In particular, and without prejudice to the generality of the foregoing provisions, the State Government shall i) strive to remain revenue surplus by making a balance in revenue receipts and expenditure and build up further surplus. ii) strive to bring down fiscal deficit to 3% by the year ending March 2010. iii) ensure within a period of 5 years, beginning from the initial financial year on the 1st day of April 2005, and ending on the 31st day of March 2010, that the total debt stock do not exceed 40 per cent of the estimated GSDP for that year; iv) limit the amount of annual incremental risk weighted guarantees to 1% of the GSDP of that year. Provided that revenue surplus and fiscal deficit may exceed the limits specified under this section due to ground or grounds of unforeseen demands on the finances of the State Government arising out of internal disturbance or natural calamity or such other exceptional grounds as the State Government may specify. Provided however that a statement in respect of the ground or grounds specified in the first proviso shall be placed before the House or Houses of the Legislature, as soon as may be, after such deficit amount exceeds the aforesaid targets.