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Online Budget Outcome Soon

Bhubaneswar: State Government has asked 27 Major Spending Departments to formulate Online Budget Outcome for the current financial year 2022-23 on time in the Budget Execution Technique Automation (BETA) System.

Department of Finance has asked the 27 major spending Departments including School and Mass Education, Panchayati Raj and Drinking Water, Industries, Steel & Mines, Women & Child Development, Works, Health & Family Welfare, SC, ST development, Higher Education and Agriculture & Farmers’ Empowerment to prepare Online Outcome Budget for the year 2022-23 in BETA system.

Besides, it was optional for other Departments to prepare an Online Outcome Budget for the year 2021-22 in BETA.

The Departments were required to enter their quarterly achievement (both financial & physical) against the annual target.  At the end of each quarter, the Departments will be required to enter their quarterly achievement (both financial & physical against the target fixed) for the year 2022-23 in the prescribed format.

The prefilled input data like name of the schemes, sub schemes, budget outlays will be auto-populated in the online module in BETA system. Other information like objective of the scheme, output, output indicators, outcome, outcome indicators etc are to be filled in by the stakeholder departments in the respective fields in the module, he said.

Besides, the information/data filled up by the Departments in the previous year 2021-22 have been made available in the module in BETA system for the year 2022-23 so as to ease the process and facilitate smooth up-dation of information.

After filling up and up-dation of the required fields in BETA, the outcome budget report will be generated in a tabular form. The 27 Departments were asked to submit the reports to the Finance Department for necessary comments/suggestions, if any,

After incorporation of above comments/suggestions, the Departments will send the report to the concerned Budget & Expenditure Branches of the Finance Department with approval of the Secretary of the respective Departments in the system for vetting.

Once the respective Administrative Department approves the online outcome budget for the year 2022-23, Department wise outcome budget report will be available to them in BETA System.

Department of Finance will generate a single consolidated Outcome Budget report for the year 2022-23 in a tabular format.

The process flow for preparation of online Outcome Budget for the year 2022-23 will be the same as that of the process followed in the previous year 2021-22.

The Department of Finance has formed a special team to provide hand holding support to the Department in preparing the documents.

The real value of the outcome budget lies in its utility as a policy tool to link allocation and disbursement of public funds with proper periodic monitoring of its outputs and outcomes, an official said.