Fiscal Responsibility Act in itself may not help reduce revenue deficit Posted on January 13, 2001 by Uttam Gupta fiscal-responsibility-act-in-itself-may-not-help-reduce-revenue-deficit Tags: ONGC, 'Yashwant Sinha', 'BPL families', 'interest payments', 'Fiscal Responsibility Act (FRA)', ERC, IOC, Fifth Pay Commission, revenue expenditure, GAIL, revenue deficit, 'fiscal deficit', 'Fertilizer Association of India (FAI)'