Author: ForumIAS

Gender Budgeting Gender Budgeting is a dissection of the government budget to establish its gender differential impact and to translate gender commitments into budgetary commitments. It looks at the government budget from a gender perspective to assess how it addresses the need for women in the areas like health, education, employment etc. Read More: Gender… Continue reading What is gender budgeting?

Outcome based budget technique has been recommended from the budget 2007- 08. Under this every ministry handling a sector presents a preliminary outcome budget to the Ministry of Finance. It seeks to bring correlation between outlay, output and outcome. Outlay- is the amount that is provided for a given scheme or project in the Budget.… Continue reading What is Outcome based budget?

It is a method of budgeting in which all expenses are justified for each new period. The process of zero-based budgeting starts from a “zero base,” and every function within an organisation is analysed for its needs and costs. In simple terms the every year budget is done like it was done for the first… Continue reading What is Zero based budget

Performance budget is a system of presentation of public expenditure in terms of function, programmes, activities and project are reflecting primarily the government output and its cost. The main thrust of performance Budget is to provide output oriented budget information within a long range perspective so that resources could be allocated more efficiently and effectively.

Legislative budget When budget is prepared by a committee of the legislature on the request of executive, it is known as legislative budget. Executive budget In this system budget is prepared by the executive and after it has been approved by the legislature, responsibility for its execution lies with the executive.