Thursday, 30 October 2014

Modi govt's austerity drive: No 5-star hotel meetings, first-class flights for bureaucrats

The government on Thursday unveiled an austerity drive aimed at cutting non-plan expenditure by 10%. It has barred bureaucrats from travelling first class on overseas visits and have been asked to use video conferencing as much as possible.
"The task before me is very challenging because we need to revive growth, particularly in manufacturing sector and infrastructure," finance minister Arun Jaitley had said in his budget speech. He added that choice has to be made whether or not to be victims of mere populism and wasteful expenditure.