-The Economic Times The austerity measures announced by finance minister Pranab Mukherjee are likely to help the government save between Rs 800 crore and Rs 1,000 crore, said a senior finance ministry official. The government has decided to cut down on foreign travels of ministers and official delegations and has put a ban on creation of plan and non-plan posts The figure is based on preliminary estimates.  In addition, the 10% cut...

‘BSNL chosen for project without tender process and it has quoted high price' The Department of Telecommunication's plans to go for extensive erection of mobile towers in the Left-Wing extremism-affected areas, to help people and the security forces stay connected, have been opposed by the Finance Ministry, which cited selection of the state-owned Bharat Sanchar Nigam Ltd for the project without following any tender process and its quoting high costs for...

-The Hindu In yet another move to curb wasteful expenditure after launching an austerity drive in Ministries, Central departments as also autonomous bodies, Finance Minister Pranab Mukherjee on Thursday pitched for streamlining the delivery mechanism for distributing subsidised commodities such as food ration, cooking gas and all other targeted government schemes for the ‘Aadhaar' platform. In a letter to Chief Ministers of 16 States and Union territories, Mr. Mukherjee said: “...given the...

-PTI The Planning Commission today clarified that Rs 35 lakh wasn’t spent on two of its toilets but an entire block of lavatories under “routine maintenance” and said it was “unfortunate” to call it wasteful expenditure. “While the amount of Rs 35 lakh being mentioned (in an RTI reply) is correct, an impression is being created that this has been spent on two toilets. This is totally false because these toilet blocks...

-The Assam Sentinel The Assam Government often claims that it has achieved a lot in the field of agricultural development in the State. Though the State has seen some improvement in crop production, the irrigation sector, a main constituent in agricultural growth, is yet to be improved in the State.   Sources said that mere focus on crop production without overhauling irrigation facilities will not propel the State’s agricultural growth. The projected outlay...