“Performance Budgeting is useful for Government and Public sector undertakings.” Why? (Answer limit: 50 words, Marks 05) [RPSC 2023]
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Performance budgeting helps governments and public sector undertakings assess efficiency and effectiveness. It links funding to specific outcomes, enabling better resource allocation. This approach enhances accountability, encourages performance measurement, and ensures that public funds are used effectively to achieve desired results, ultimately improving service delivery to citizens.