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In this Act, unless the context otherwise requires,- (a) "budget" means the annual financial statement laid before both Houses of the State Legislature under article 202 of the Constitution of India ; (b) "financial year" means the year beginning on the 1st April and ending on the 31st March of the next following year ; (c) "fiscal deficit" means excess of total expenditure of State Government over the total non-debt receipt, and thus represents those borrowing requirements, net of repayment during the year which needs to be serviced by way of interest and principal repayment ; (d) "fiscal indicators" means the measures such as numerical ceilings, as may be prescribed, for evaluation of the fiscal position of the State Government ; (e) "Government" or "State Government" means the Government of Maharashtra ; (f) "prescribed" means prescribed by rules made under this Act ; (g) "revenue deficit" means the difference between total revenue expenditure and total revenue receipts ; (h) "rules" means rules made under this Act ; (i) "State" means the State of Maharashtra ; (j) "total liabilities" means liabilities under the Consolidated Fund of the State and the Public Account of the State.
<span style="margin-left:15px;"></span>In this Act, unless the context otherwise requires,-<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>a</i>) "budget" means the annual financial statement laid before both Houses of the State Legislature under article 202 of the Constitution of India ;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><i>(b)</i> "financial year" means the year beginning on the 1st April and ending on the 31st March of the next following year ; <br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>c</i>) "fiscal deficit" means excess of total expenditure of State Government over the total non-debt receipt, and thus represents those borrowing requirements, net of repayment during the year which needs to be serviced by way of interest and principal repayment ; <br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>d</i>) "fiscal indicators" means the measures such as numerical ceilings, as may be prescribed, for evaluation of the fiscal position of the State Government ; <br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>e</i>) "Government" or "State Government" means the Government of Maharashtra ; <br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>f</i>) "prescribed" means prescribed by rules made under this Act ; <br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>g</i>) "revenue deficit" means the difference between total revenue expenditure and total revenue receipts ; <br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>h</i>) "rules" means rules made under this Act ; <br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><i>(i)</i> "State" means the State of Maharashtra ;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>j</i>) "total liabilities" means liabilities under the Consolidated Fund of the State and the Public Account of the State. <br>