None
Skip to main
The government have stepped in for an austerity drive for the government departments. Finance Ministry has ordered all ministries and departments not to buy new vehicles, create new jobs or fill posts lying vacant for over one year. The departments have been banned from holding meetings in 5-star hotels and officials barred from executive class air travel as part of a slew of austerity measures announced Wednesday to cut non-plan expenditure by 10 percent. The move is aimed in restricting the fiscal deficit to 4.8 percent of GDP in 2013-14. The Finance Ministry said the austerity measures would also apply to autonomous bodies such as the All India Institute of Medical Sciences and All India Radio, adding that no fresh commitments would be made over and above what was provided in the Budget.
🕑 28 Oct, 2025 04:46 PM
8th Pay Commission constituted. ToR Approved, Effectively Jan 2026
🕑 02 Jul, 2025 10:03 AM
Commutation Relief In Sight? Panel Likely To Review 15-Year Deduction Rule
🕑 12 Jun, 2025 08:12 AM
8th Pay Commission: Uncertainty Looms as Employees Await Terms of Reference
🕑 24 Apr, 2025 10:21 PM
Staff Side constitutes panel for drafting memorandum to 8th CPC when formed
🕑 24 Apr, 2025 10:17 PM
8th Pay Commission likely to be set up by mid May
🕑 09 Apr, 2025 10:27 AM
Loan EMIs to get Cheaper as RBI cuts Repo Rate sgain | See the benefit
🕑 09 Jun, 2025 08:25 AM
π’ UPS vs NPS: The Retirement Dilemma Facing 27 Lakh Government Employees
🕑 04 Apr, 2025 04:46 PM
NPS To UPS Switch from April 1: A Detailed Look at the Option to Switch
🕑 30 Mar, 2025 11:01 AM
8th Pay Commission implementation may get delayed till 2027 β Hereβs why
🕑 27 Mar, 2025 10:25 PM
7th CPC wanted a permanent pay panel, end DA revision twice
🕑 27 Mar, 2025 08:43 AM
8th Pay Commission: What Kind Of Salary Hike Can Be Staff Expected?
🕑 20 Mar, 2025 08:24 AM
Why the commuted pension is restored after 15 years, not 12 years
🕑 17 Mar, 2025 08:37 AM
π Expected Dearness Allowance (DA) from January 2026 Calculator