An Act that wont bite Posted on January 29, 2001 by Uttam Gupta An-Act-that-wont-bite Tags: revenue deficit, CAG, Fifth Pay Commission, 'Fiscal Responsibility Act (FRA)', 'Yashwant Sinha', 'urea subsidy', 'ways & means advances (WMA)', BPL, APL, economic cost, policy parameters, privatization of banks