Finance Ministry wants cut in laptop purchases, tours by ministries

While issuing the advisory, the Finance Ministry has said that the country is witnessing "tough" economic situation.

Finance Ministry wants cut in laptop purchases, tours by ministries
NEW DELHI: Curtail the purchase of laptops, avoid transferring officials and reduce foreign trips and miscellaneous expenses.

This advice forms part of a circular issued by the Finance Ministry to various ministries to cut expenditure in view of "tough" times faced by the economy.

In the circular issued last week, the Finance Ministry has said the ministries should curtail the procurement of even laptops, sources said.

The ministries have also been asked to avoid transfers so that expenditure related to it on account of allowances like, travel allowance and transportation of luggage could be saved.

The Finance Ministry also wants reduction of foreign and domestic visits to cut expenses, the sources said.

The departments have also been asked to check their miscellaneous expenses which are incurred mostly for meeting their day to day requirements.
ADVERTISEMENT

While issuing the advisory, the Finance Ministry has said that the country is witnessing "tough" economic situation and all ministries will have to share the burden, they said.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Finance › Finance Ministry wants cut in laptop purchases, tours by ministries
Text Size:AAA
Success
This article has been saved

*

+