New Delhi: The government has asked all key ministries, central public sector enterprises (CPSEs), banks, and financial institutions to halt spending on Diwali and other festival gifts as part of an austerity drive.
The move aims to promote fiscal discipline, curb non-essential expenditure, and ensure prudent use of public funds. "It has been decided that no expenditure shall be incurred on gifts and related items for Diwali and other festivals by Ministries/Departments and other organs of the Government of India," said an official memorandum dated September 19, issued by the Department of Expenditure. The order is to be implemented with immediate effect, the memorandum added. Copies have been sent to all ministries, CPSEs, public sector banks, and financial institutions.
In the past, the Centre has also curbed "wasteful expenditure" to optimise public funds and prioritise essential spending.
The move aims to promote fiscal discipline, curb non-essential expenditure, and ensure prudent use of public funds. "It has been decided that no expenditure shall be incurred on gifts and related items for Diwali and other festivals by Ministries/Departments and other organs of the Government of India," said an official memorandum dated September 19, issued by the Department of Expenditure. The order is to be implemented with immediate effect, the memorandum added. Copies have been sent to all ministries, CPSEs, public sector banks, and financial institutions.
In the past, the Centre has also curbed "wasteful expenditure" to optimise public funds and prioritise essential spending.
You may also like
Find all missing fridge items in less than 60 seconds to be quicker than most
Inderjit Singh Gosal, man who took over from Nijjar, held in Canada
Indore: Two Held For Duping Couple Of ₹22 Lakh On Pretext Of Selling Luxury Villas
SC notice to cops on bail plea of Umar & others
Indore: Navlakha, Teen Imli Bus Stands Shut Down; All Operations Shifted To Nayta Mundla ISBT
