Expenditure Cut

Union minister Jitendra Singh Friday lauded the Department of Personnel and Training (DoPT) for reducing wasteful expenditure.

The Budget meetings for fixing Revised Estimates for 2020-21 and Budget Estimates (BE) for 2021-22 were held between October 16 and November 12

Congress leader Rahul Gandhi earlier hit out at the Centre over the issue, alleging that the Modi dispensation''s thinking is "minimum government, maximum privatisation"

No new schemes or projects will be taken up by most government departments as austerity measure for coronavirus-hit economy.

Official says some savings are expected as the Centre will make cuts wherever there is low-priority expenditure

Each department has to make the "savage cuts" by redoing the Budget maths.

The economy is required to grow by 5.2 per cent in the second half compared to 4.8 per cent in the first half to enable it to clock five per cent in the entire FY20

Expenditure Secretary Ajay Narayan Jha said indirect tax collections have already been factored into the revised target