What is Zero based budget
Red Book
Red Book

Pre-cum-Mains GS Foundation Program for UPSC 2026 | Starting from 5th Dec. 2024 Click Here for more information

  • 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 time
  • In India zero based budget was first introduced in Department of science and technology in 1983.

Discover more from Free UPSC IAS Preparation For Aspirants

Subscribe to get the latest posts sent to your email.

Print Friendly and PDF
Blog
Academy
Community