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The Economic Times
The Economic Times
National

Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measures

Guwahati: The Assam government has come out with a slew of austerity measures, including slashing fuel expenditure by 20 per cent and downsizing the convoy size of all ministers, to ensure fiscal prudence in the wake of the West Asia crisis.

In an 'Advisory on Austerity Measures' issued in the form of an 'Executive Order' by Finance Commissioner & Secretary Jayant Narlikar on Monday, the government set a target to cut 10 per cent in revenue and establishment expenditure, excluding salaries, pensions, debt repayment and charged spendings.

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