Performance Budget
A system of performance Budgeting has been introduced both Central and in the States for the following purpose:
(a) Meaningful reflection of the national development efforts.
(b) Evaluating the progress of projects against target.
(c) To serve as a tool for securing the efficient management of operations entrusted to the Administration.
The individual items which make up the budget are shown not only in financial terms but as far as possible in physical terms as well, thereby establishing a proper relationship between inputs and outputs and enabling a proper assessment of the performance in relation to costs.