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State Banks & insurers told to cut global travel, switch to EVs in austerity push
Government financial institutions are implementing austerity measures. State-run banks and insurance companies must cut foreign travel for executives. Meetings will increasingly use videoconferencing. There is a push to replace petrol and diesel vehicles with electric cars. These steps align with Prime Minister Modi's call for reduced fuel consumption and address global supply challenges.
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thehindu.com
Why is the Prime Minister advocating austerity?
Prime Minister Modi advocates austerity with seven suggestions aimed at reducing imports and stabilizing India's economy amid global crises.
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theprint.in
FinMin asks PSU banks, insurers to adopt austerity measures, shift to EV
New Delhi, May 18 (PTI) The Finance Ministry on Monday urged public sector banks and financial institutions to adopt austerity measures and shift to electric vehicles, following…
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thehindubusinessline.com
Public sector banks, insurers, financial institutions told to implement austerity measures
Public sector banks and institutions to adopt austerity measures, including virtual meetings and reduced foreign travel amid economic challenges.
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economictimes.indiatimes.com
State Banks & insurers told to cut global travel, switch to EVs in austerity push
Government financial institutions are implementing austerity measures. State-run banks and insurance companies must cut foreign travel for executives. Meetings will increasingly…
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Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measures
Assam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and official convoy sizes will be reduced.…