Consider the following statements:
1. Outlays is the amount that is provided for a given scheme or project in the budget.
2. Output refers to the collective results or qualitative improvements brought about in the delivery of these services.
3. Outcomes refer to the direct and measurable product of programme activities, often expressed in physical terms or units.
Which of the statements given above is/are correct?
1 only
2 and 3 only
1 and 3 only
1, 2 and 3
• Since 2017-18, in addition to the financial outlays of schemes of the Ministries being indicated in the budget document, the expected outputs and outcomes of the schemes are also being presented in a consolidated outcome budget document, along with the budget. These outlays, outputs and outcomes are being presented to the Parliament in measurable terms, bringing-in greater accountability for the agencies involved in the execution of government schemes and projects.
• Outlay is the amount that is provided for a given scheme or project in the budget;
• Output refers to the direct and measurable product of programme activities, often expressed in physical terms or units.
• Outcomes are the collective results or qualitative improvements brought about in the delivery of these services.
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
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Out of the following statements, choose the one that brings out the principle underlying the Cabinet form of Government:
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