The Ministry of Finance has directed all central ministries, departments, and Central Public Sector Enterprises ( CPSEs) to refrain from spending public funds on gifts during Diwali and other festivals.
In an office memorandum issued by the Department of Expenditure, the ministry said the step is part of ongoing efforts to ensure fiscal discipline and curb non-essential expenditure. “No expenditure shall be incurred on gifts and related items for Diwali and other festivals by Ministries/Departments and other organs of the Government of India,” the circular stated.
The directive, approved by the Secretary (Expenditure), comes into immediate effect.
In an office memorandum issued by the Department of Expenditure, the ministry said the step is part of ongoing efforts to ensure fiscal discipline and curb non-essential expenditure. “No expenditure shall be incurred on gifts and related items for Diwali and other festivals by Ministries/Departments and other organs of the Government of India,” the circular stated.
The directive, approved by the Secretary (Expenditure), comes into immediate effect.
You may also like
UPA bowed to US, didn't act against Pakistan after 26/11: BJP
Fashion Inc drapes IP protection to cut fakes down to size
Consultancy top 4 earnings pass billion-$ mark in FY24, quartet expanding at 15-16% on average
Find out if you're a 'closed off' person or 'social' in mesmerising illusion
Mistreating ally like India a strategic blunder for US: Economist Andres Velasco