Madhya Pradesh govt says no 5-star hotel events after Centre cuts Budget

After the Centre cut the states’ share of funds in the Budget, the Madhya Pradesh government has decided to tighten its purse strings. To cut unwarranted expenses, government events will not be hosted in five-star hotels from now and no new cars will be purchased. That apart, no payment above Rs 25 crore will be approved without the clearance of the state finance department. Recently, state Finance Minister Tarun Bhanot said presenting the state Budget this year would be the most challenging task for him. According to Bhanot, the Union government has cut Madhya Pradesh’s share in taxes by more