Austerity Measures
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Cash-Strapped Pak Bans Red Carpets At Official Events To Cut Costs
Pakistan Prime Minister Shehbaz Sharif has banned the use of red carpets at government events, reserving them exclusively for diplomatic receptions, as part of austerity measures to cut down unnecessary expenditures in the cash-strapped nation.
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Milei Swears In As Argentina's President, Warns Of "Shock Treatment" For Economy
Argentina's President Javier Milei took office Sunday with a stark warning to citizens to brace themselves for painful austerity measures as he seeks to cut spending and curb triple-digit inflation, all with empty coffers.
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Poll Panel Members Voluntarily Give Up Perks As Part Of Austerity Measure
Chief Election Commissioner (CEC) Rajiv Kumar and Election Commissioner Anup Chandra Pandey on Friday decided to voluntarily give up perks and privileges as an austerity measure.
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Congress Starts Austerity Drive, Asks MPs To Contribute Rs 50,000 A Year
From urging parliamentarians to use their air travel benefits instead of charging the party, to donating Rs 50,000 a year to the party's coffers, the opposition Congress party has announced a range of measures to cut costs and raise funds.
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Court Questions Bengal Government Over Money Given To Puja Committees
The Calcutta High Court on Thursday sought to know from the West Bengal government its justification for doling out Rs 50,000 to community Durga pujas, amid the austerity measures being pursued by the state in the wake of the COVID-19 pandemic.
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Assam Revokes Austerity Measures, To Spend On Infrastructure Projects
In a major development, the Assam government has decided to revoke the austerity measures that were put in place because of the coronavirus lockdown. The state government has further announced infrastructure projects worth Rs 11,900 Crore on Saturday.
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Saudis Stock Up, Brace For Tripled VAT In Kingdom's Austerity Push
Saudis braced Wednesday for a tripling in value-added tax, another unpopular austerity measure after the twin shocks of coronavirus and an oil price slump triggered the kingdom's worst economic decline in decades.
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Saudi Wealth Fund "Shopping Spree" Belies Economic Pain
Saudi Arabia's sovereign wealth fund has snapped up around $8 billion worth of stakes in global giants -- from Boeing to Facebook -- in a spree that belies deep and unpopular austerity measures at home.
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No Gifts For VVIPs, Car On Hold In Maharashtra Governor's Austerity Order
The Governor of Maharashtra Bhagat Singh Koshyari today announced a series of austerity measures to reduce the expenses of Raj Bhavan so as to make more resources available for COVID-19 relief measures.
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Maharashtra Governor Delays Buying New Car In COVID Cost-Cutting Measures
Maharashtra Governor Bhagat Singh Koshyari announced a series of austerity measures to reduce the expenses incurred by the Raj Bhavan and make more resources available to implement COVID-19 relief measures in the state.
-
Cash-Strapped Pak Bans Red Carpets At Official Events To Cut Costs
Pakistan Prime Minister Shehbaz Sharif has banned the use of red carpets at government events, reserving them exclusively for diplomatic receptions, as part of austerity measures to cut down unnecessary expenditures in the cash-strapped nation.
-
Milei Swears In As Argentina's President, Warns Of "Shock Treatment" For Economy
Argentina's President Javier Milei took office Sunday with a stark warning to citizens to brace themselves for painful austerity measures as he seeks to cut spending and curb triple-digit inflation, all with empty coffers.
-
Poll Panel Members Voluntarily Give Up Perks As Part Of Austerity Measure
Chief Election Commissioner (CEC) Rajiv Kumar and Election Commissioner Anup Chandra Pandey on Friday decided to voluntarily give up perks and privileges as an austerity measure.
-
Congress Starts Austerity Drive, Asks MPs To Contribute Rs 50,000 A Year
From urging parliamentarians to use their air travel benefits instead of charging the party, to donating Rs 50,000 a year to the party's coffers, the opposition Congress party has announced a range of measures to cut costs and raise funds.
-
Court Questions Bengal Government Over Money Given To Puja Committees
The Calcutta High Court on Thursday sought to know from the West Bengal government its justification for doling out Rs 50,000 to community Durga pujas, amid the austerity measures being pursued by the state in the wake of the COVID-19 pandemic.
-
Assam Revokes Austerity Measures, To Spend On Infrastructure Projects
In a major development, the Assam government has decided to revoke the austerity measures that were put in place because of the coronavirus lockdown. The state government has further announced infrastructure projects worth Rs 11,900 Crore on Saturday.
-
Saudis Stock Up, Brace For Tripled VAT In Kingdom's Austerity Push
Saudis braced Wednesday for a tripling in value-added tax, another unpopular austerity measure after the twin shocks of coronavirus and an oil price slump triggered the kingdom's worst economic decline in decades.
-
Saudi Wealth Fund "Shopping Spree" Belies Economic Pain
Saudi Arabia's sovereign wealth fund has snapped up around $8 billion worth of stakes in global giants -- from Boeing to Facebook -- in a spree that belies deep and unpopular austerity measures at home.
-
No Gifts For VVIPs, Car On Hold In Maharashtra Governor's Austerity Order
The Governor of Maharashtra Bhagat Singh Koshyari today announced a series of austerity measures to reduce the expenses of Raj Bhavan so as to make more resources available for COVID-19 relief measures.
-
Maharashtra Governor Delays Buying New Car In COVID Cost-Cutting Measures
Maharashtra Governor Bhagat Singh Koshyari announced a series of austerity measures to reduce the expenses incurred by the Raj Bhavan and make more resources available to implement COVID-19 relief measures in the state.
