Recently Finance Ministry, Ministry of Expenditure has issued an Office Memorandum regarding guidelines for preparation of outcome Budget 2015-16. The Outcome Budget 2015-16 is intended to cover the entire Central Plan Outlay (Gross Support and Internal and Extra Budgetary Resources) and connected Non-Plan provisions that are amenable to Outcome Budgeting. In general, a Ministry/Department may exclude "Assistance to State Plan" component of its Plan Budget from the scope of Outcome Budget. The following Demand/Appropriations are specially exempted from the purview of outcome budgeting.
The outcome Budgets have become an integral part of the budgeting process since 2005-06. OUTCOME BUDGET 2015-16 will broadly indicate the physical dimensions of the financial budgets as also the actual physical performance in 2013-14 and the performance till December for the year 2014-2015 and the targeted performance during 2015-16.
Scope of coverage in Outcome Budget 2015-16.
The Outcome Budget documents will be prepared separately by each Ministry/Department in respect of all Demands/Appropriations controlled by them, except those exempted from this requirement and to the extent disclosures are not barred on considerations of security etc. A list of exempted Demands/Appropriations is enclosed at Annexure-I. However, even the Ministries/Departments and other authorities "exempted" from preparation of Outcome Budget and planing it in public domain are requested to carry out this exercise for internal use and voluntarily decided to place it in public domain fully or partially.
As far as feasible, sub-targets for coverage of women and SC/ST beneficiaries under various development schemes and the schemes for the benefit of the North-Eastern Region should be separately indicated.
Board Format of Outcome Budget 2015-16:
The Outcome Budget 2015-16 will be prepared on the basis of Budget 2015-16 in the form of a documents, separate for each Ministry/Department, broadly consisting of the chapters detailed below:
Chapter-I : Introduction
Chapter-II : Statement of Budget Estimate
Chapter-III : Reform measures and policy initiative
Chapter-IV : Review of past performance
Chapter-V : Financial Review
Chapter-VI : Review of performance of Statutory and Autonomous Bodies.
The outcome Budgets have become an integral part of the budgeting process since 2005-06. OUTCOME BUDGET 2015-16 will broadly indicate the physical dimensions of the financial budgets as also the actual physical performance in 2013-14 and the performance till December for the year 2014-2015 and the targeted performance during 2015-16.
Scope of coverage in Outcome Budget 2015-16.
The Outcome Budget documents will be prepared separately by each Ministry/Department in respect of all Demands/Appropriations controlled by them, except those exempted from this requirement and to the extent disclosures are not barred on considerations of security etc. A list of exempted Demands/Appropriations is enclosed at Annexure-I. However, even the Ministries/Departments and other authorities "exempted" from preparation of Outcome Budget and planing it in public domain are requested to carry out this exercise for internal use and voluntarily decided to place it in public domain fully or partially.
As far as feasible, sub-targets for coverage of women and SC/ST beneficiaries under various development schemes and the schemes for the benefit of the North-Eastern Region should be separately indicated.
Board Format of Outcome Budget 2015-16:
The Outcome Budget 2015-16 will be prepared on the basis of Budget 2015-16 in the form of a documents, separate for each Ministry/Department, broadly consisting of the chapters detailed below:
Chapter-I : Introduction
Chapter-II : Statement of Budget Estimate
Chapter-III : Reform measures and policy initiative
Chapter-IV : Review of past performance
Chapter-V : Financial Review
Chapter-VI : Review of performance of Statutory and Autonomous Bodies.
Download Guidelines for Budget 2015-16 (Click Here)
