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Govt asks Ministry/departments to cut controllable expenditure by 20%


New Delhi, June 12: The finance ministry has asked ministries and departments to cut all avoidable non-scheme expenditure and aim for a 20% reduction in controllable expenditure, which will help the government rein in overall budget spending, comes at a time when there are concerns that the fiscal deficit may exceed the FY22 target of 6.8% of GDP as the government undertakes measures to help people affected by the Coronavirus (Covid-19) pandemic.

The list of heads under which expenditure will be controlled include overtime allowance, rewards, domestic travel expenses, foreign travel expenses, office expenses, rents, rates and taxes, royalty, publications, other administrative expenses, supplies and materials, cost of ration, clothing and tentage, advertising and publicity, minor works and maintenance, service or commitment charges, grants-in-aid general, contribution and other charges.

 

 


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