FM present Outcome budget
Finance Minister P Chidambaram on Thursday presented in Parliament the first ever Outcome Budget, which seeks to measure the physical targets achieved on the financial outlays of various Ministries.
By PTI |
NEW DELHI: Finance Minister P Chidambaram on Thursday presented in Parliament the first ever Outcome Budget, which seeks to measure the physical targets achieved on the financial outlays of various Ministries.
Describing the exercise as "historic", Chidambaram expressed the hope in Lok Sabha that this would become an annual feature.
Though the 725-page voluminous document might "not be perfect," Chidamabaram said it was a "great beginning" in response to Prime Minister Manmohan Singh's directive to attempt such an exercise.
Describing the exercise as "historic", Chidambaram expressed the hope in Lok Sabha that this would become an annual feature.
Though the 725-page voluminous document might "not be perfect," Chidamabaram said it was a "great beginning" in response to Prime Minister Manmohan Singh's directive to attempt such an exercise.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
