Govt launches austerity measures; no
creation of new jobs or filling of posts lying vacant for over one year.
Central government on 18 September 2013
(Wednesday) unveiled austerity measures, putting a freeze on fresh
appointments, banning holding of its conferences in 5-star hotels and barring
officials from executive class air travel, in a bid to check fiscal deficit
from going out of control.
Battling slow economic growth and not too
robust tax collections yet, the government came out with a slew of measures
that will ensure that Ministries and departments will not buy new vehicles,
create new jobs or fill posts lying vacant for over one year.
The Finance Ministry on Wednesday issued a
circular containing the steps, which will cut non-Plan expenditure by 10 per
cent, a day after Finance Minister P. Chidambaram met Financial Advisors of
various Ministries to impress upon them the need for austerity and to contain
expenditure within the budget target.
The measures aim at restricting the fiscal
deficit to the budgeted figure of 4.8 per cent of the GDP in 2013-14.
The Ministry has directed that the size of
delegations going abroad should be kept at “absolute minimum.”
“Such measures are intended at promoting
fiscal discipline, without restricting the operational efficiency of the
government. In the context of the current fiscal situation, there is a need to
continue to rationalise expenditure and optimise available resources,” the
Ministry said. Mr. Chidambaram had earlier said that he had drawn a red line
and would not allow the fiscal deficit to breach the target of 4.8 per cent of
the GDP in 2013—14. The various austerity measures helped the government to
contain the fiscal deficit at 4.9 per cent of the GDP in the previous financial
year, against the budgeted target of 5.1 per cent.
Referring to jobs in government
departments, it said there will be a total ban on new posts and those that have
remained vacant for more than a year will not be filled except under very rare
and unavoidable circumstances.
To kya postal assistant bharti pe fark padega
ReplyDeleteFrnd big news postal assistant training schedule anounced training from 28 oct to 21 dec 2013 for official visit this link
ReplyDeletehttp://www.ptcinfo.org/TrainingCalendarQ3.PDF
Training schedule anounced
ReplyDeletewhat about postal assistant ....i wrote paper 2 last month...and i am egarly waiting for result....
ReplyDeleteResult is yet to be announced..we will inform
DeleteWhen postal assistant result for Delhi region will come. Pls suggest if you have any idea.
ReplyDeleteWill postman/Mailguard recruitment be canceled??
ReplyDeleteWt abt uicc ao
ReplyDelete