3. The “Outcome Budget” reflects the endeavour of the Government to convert "Outlays" into "Outcomes". Explain. Also, discuss why the potential of outcome budgeting remains untapped in the Indian context.

Approach:

♤ Explain Outcome budgeting in the context of changing outlays to outcomes.

♤ Highlight its benefits.

♤ Discuss challenges faced by India while using the practice of outcome budgeting