Professional Documents
Culture Documents
Objectives of Budgets:
Administer business
1
Evolution of Zero Base Budgeting:
Planning, Programming
Line Item and Performance Zero Base Budgeting
Budgeting Budgeting (PPP) (ZBB)
Accounting/
Number Function oriented Function and priority
Difference oriented (Objectives) based
Dynamic Input/ Output
Features Input budgeting Input/ Output budgeting budgeting
2
What is Zero Base Budgeting:
PLANNING BUDGET
REVIEW
4
Need for ZBB:
It helps in allocating budgetary on more budgetary and
allocating resources basis as below:
High costs
7
Implementation of ZBB:
Computerization
9
Applications of Zero Based Budgeting:
Government
This is service sector, where overheads assume alarming
figures, ZBB can control this up to large extent
Unique example of Georgia Government over all its 65 paid
agencies
In India, Circulation to state governments in India by
Ministry of Finance.
Industries
Applicable to all operations, administrative techniques and
business enterprises.
Prioritization and justification to all capital expenditures
programme, cost reduction programmes, research
development etc.
10
Approach of Maharashtra Government
Progress and Constraints:
11
Zero Based Budgeting in India:
12
Issues faced, while implementation of ZBB: