Patna, March 24 -- Bihar Finance Minister Samrat Choudhary said that the 'Outcome Budget' began from the year 2006-07, is an initiative to improve financial management.
Choudhary tabled the Outcome Budget 2025-26 during the pre-lunch sitting in the state assembly on Monday. The Outcome Budget makes clear the possible physical achievement in important schemes, establishment and committed expenditure.
According to Choudhary, the Outcome Budget has been given in the context of the expenditure to be incurred in the financial year 2025-26.
Outcome Budget is a pre-expenditure medium, through which the utility of expenditure can be assessed by reviewing it after the expenditure. Transparency and accountability can be ensured in the financial tr...