Govt announces austerity measures, restricts spending
Srinagar, May 23, May 24 -- The government on Saturday introduced a series of austerity measures for the financial year 2026-27 aimed at ensuring fiscal discipline, reducing non-essential expenditure and promoting digital governance across departments. According to a government order issued by the Finance Department, all departments and government institutions have been directed to strictly rationalize expenditure with immediate effect.The order imposes restrictions on conferences, seminars, official travel, purchase of vehicles, hiring of office spaces and hospitality functions.Under the new guidelines, government departments have been asked to avoid organizing seminars, workshops and conferences unless absolutely necessary and to priori...
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