Austerity Measures
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West Bengal Government Announces Austerity Measures
Curbs on frequent travel of officials to Delhi and other states, holding conferences and meeting at star hotels are among the measures announced by the West Bengal government to curtail "avoidable expenditure" of different departments, a senior government official said.
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No Wasteful Expenditure On Swearing-In Ceremony: Amarinder Singh
Stating that Punjab was in financial doldrums, Chief Minister-designate Amarinder Singh today decided to go in for a simple swearing-in ceremony as an austerity measure. "There will be nothing ostentatious about the oath-taking programme at the Raj Bhavan on Thursday morning, when Punjab Governor VP Singh Badnore will administer the oath of office ...
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Life, Liberty Shouldn't Take Backseat During Austerity: High Court to Government
The Delhi High Court on Wednesday told the Centre that while it follows austerity measures regarding increasing the number of personnel in Delhi Police, it should ensure that life and liberty issues "do not take a backseat".
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Portugal Premier Says 'Ready' to Form Government After Winning Re-Election
Portuguese Prime Minister Pedro Passos Coelho said he was "ready" to form a government after his ruling centre-right coalition won Sunday's general election, in a rare case of a bailed-out country re-electing its austerity government.
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Socialist Challenger Admits Defeat in Portugal Election
The leader of Portugal's opposition Socialists, former Lisbon mayor Antonio Costa, on Sunday conceded defeat in a general election billed as a referendum on four years of harsh austerity policies, as near-complete results gave the ruling centre-right coalition a clear lead.
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Portugal's Ruling Centre-Right Wins Austerity-Test Election
Portugal's ruling centre-right coalition was the clear winner in a general election Sunday seen as a referendum on its austerity policies, although it could lose its absolute majority in parliament, near-complete results showed.
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Thousands Flock to Anti-Austerity 'Dignity March' in Madrid
Thousands of people took part in a "march for dignity" in Madrid on Saturday to protest against austerity measures on the eve of a closely-watched regional election in southern Spain.
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Government's austerity drive: economy class flights, no five-stars
The central government will not make new appointments in its departments and all officials, except top bureaucrats, will fly in economy class within India as part of small-bore austerity measures announced today.
-
Spain to push more austerity as markets turn sour
The Spanish government is set to unveil more austerity amid mounting concerns over the country's economic future. Many think the measures, which are expected to include higher taxes and changes to pensions, will be a precursor to a request for help from the European Central Bank.
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Top 5 austerity measures that could please investors
The government has announced a series of austerity steps, including a 10 per cent cut in non-plan expenditure for 2012/13, in a bid to contain its ballooning fiscal deficit. India's non-plan expenditure for 2012/13 is estimated at Rs 97,000 cr.
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Govt may implement austerity measures, restrict foreign travel
The government may soon announce that austerity measures, implemented in 2009 and 2011, are in effect.
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Haryana govt in austerity move, bans new cars, air-conditioners
The Haryana government, as part of its austerity measures, on Thursday banned all its officers from purchasing luxury items such as new cars, air-conditioners and expensive sofas and from flying business class.
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Greece approves tough salary, pension cuts
Greece's Parliament late on Tuesday approved new cuts in public sector pensions and government spending required to secure a second package of international rescue loans.
-
Greece: Protests in Athens against proposed austerity measures
Hours of rioting outside Greece's parliament left 46 people injured Tuesday, on the eve of a vote by lawmakers to adopt more painful austerity measures -- a condition for bailout funds needed to prevent a potentially disastrous default.At least 14 people were arrested, authorities said, as youths clashed with riot police on-and-off for more than 10...
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Greeks demonstrate against austerity measures
About 30,000 people protested in Athens' central Syntagma square on Sunday evening against the government's tough economic austerity policies.The demonstration, larger than many others that have taken place during Greece's economic crisis, appeared to be the first that resulted from spontaneous calls over social media sites such as Facebook. Many o...
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West Bengal Government Announces Austerity Measures
Curbs on frequent travel of officials to Delhi and other states, holding conferences and meeting at star hotels are among the measures announced by the West Bengal government to curtail "avoidable expenditure" of different departments, a senior government official said.
-
No Wasteful Expenditure On Swearing-In Ceremony: Amarinder Singh
Stating that Punjab was in financial doldrums, Chief Minister-designate Amarinder Singh today decided to go in for a simple swearing-in ceremony as an austerity measure. "There will be nothing ostentatious about the oath-taking programme at the Raj Bhavan on Thursday morning, when Punjab Governor VP Singh Badnore will administer the oath of office ...
-
Life, Liberty Shouldn't Take Backseat During Austerity: High Court to Government
The Delhi High Court on Wednesday told the Centre that while it follows austerity measures regarding increasing the number of personnel in Delhi Police, it should ensure that life and liberty issues "do not take a backseat".
-
Portugal Premier Says 'Ready' to Form Government After Winning Re-Election
Portuguese Prime Minister Pedro Passos Coelho said he was "ready" to form a government after his ruling centre-right coalition won Sunday's general election, in a rare case of a bailed-out country re-electing its austerity government.
-
Socialist Challenger Admits Defeat in Portugal Election
The leader of Portugal's opposition Socialists, former Lisbon mayor Antonio Costa, on Sunday conceded defeat in a general election billed as a referendum on four years of harsh austerity policies, as near-complete results gave the ruling centre-right coalition a clear lead.
-
Portugal's Ruling Centre-Right Wins Austerity-Test Election
Portugal's ruling centre-right coalition was the clear winner in a general election Sunday seen as a referendum on its austerity policies, although it could lose its absolute majority in parliament, near-complete results showed.
-
Thousands Flock to Anti-Austerity 'Dignity March' in Madrid
Thousands of people took part in a "march for dignity" in Madrid on Saturday to protest against austerity measures on the eve of a closely-watched regional election in southern Spain.
-
Government's austerity drive: economy class flights, no five-stars
The central government will not make new appointments in its departments and all officials, except top bureaucrats, will fly in economy class within India as part of small-bore austerity measures announced today.
-
Spain to push more austerity as markets turn sour
The Spanish government is set to unveil more austerity amid mounting concerns over the country's economic future. Many think the measures, which are expected to include higher taxes and changes to pensions, will be a precursor to a request for help from the European Central Bank.
-
Top 5 austerity measures that could please investors
The government has announced a series of austerity steps, including a 10 per cent cut in non-plan expenditure for 2012/13, in a bid to contain its ballooning fiscal deficit. India's non-plan expenditure for 2012/13 is estimated at Rs 97,000 cr.
-
Govt may implement austerity measures, restrict foreign travel
The government may soon announce that austerity measures, implemented in 2009 and 2011, are in effect.
-
Haryana govt in austerity move, bans new cars, air-conditioners
The Haryana government, as part of its austerity measures, on Thursday banned all its officers from purchasing luxury items such as new cars, air-conditioners and expensive sofas and from flying business class.
-
Greece approves tough salary, pension cuts
Greece's Parliament late on Tuesday approved new cuts in public sector pensions and government spending required to secure a second package of international rescue loans.
-
Greece: Protests in Athens against proposed austerity measures
Hours of rioting outside Greece's parliament left 46 people injured Tuesday, on the eve of a vote by lawmakers to adopt more painful austerity measures -- a condition for bailout funds needed to prevent a potentially disastrous default.At least 14 people were arrested, authorities said, as youths clashed with riot police on-and-off for more than 10...
-
Greeks demonstrate against austerity measures
About 30,000 people protested in Athens' central Syntagma square on Sunday evening against the government's tough economic austerity policies.The demonstration, larger than many others that have taken place during Greece's economic crisis, appeared to be the first that resulted from spontaneous calls over social media sites such as Facebook. Many o...
