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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 Prime Minister Narendra Modi’s appeal. Last week, the Prime Minister made an appeal to citizens for judicious use of fuel, postponement of gold purchases and foreign travel, among […]
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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…