Outcome budgeting Subject :Economy Section: Fiscal Policy What is outcome budgeting ? Over the year’s performance budget was seen as following output, rather than outcomes (Budget speech of 2005-06 highlighted this). Outcome budgeting lays emphasis on linkages between money allocated (outlay) and the outcomes (and not just outputs). It shifts the focus to […]

    Outcome Budgeting Subject: Economy Context: Jharkhand presented its first outcome budget yesterday. Concept: Over the year’s performance budget was seen as following output, rather than outcomes (Budget speech of 2005-06 highlighted this). Outcome budgeting lays emphasis on linkages between money allocated (outlay) and the outcomes (and not just outputs). It shifts the focus […]