Parliament: Bleak Outcome for Defence

In August 2005, a new experiment was initiated by India's Ministry of Finance under P. Chidambaram.  Every Ministry would have to prepare an "Outcome Budget" and present it in parliament along with its annual budget.  An Outcome Budget, as the foreword to "Outlays and Outcomes - towards achieving better results" explains is essentially the following: … Continue reading Parliament: Bleak Outcome for Defence