AAP govt to involve people in budget-making exercise
In a novel initiative, the AAP government has decided to involve common people in making Delhi's budget for 2015-16 so that financial allocation can be made based on requirement of various areas.
Feb 24, 2015, 22:00 PM IST
Austerity drive, spending cuts risk fickle growth: Nomura
"On our estimates this would amount to a saving of Rs 35,000 to Rs 40,000 crore or 0.3 per cent of the GDP," it said in a note issued here on Thursday.
Oct 30, 2014, 20:20 PM IST
World Bank bonuses raise eyebrows amid austerity drive
The World Bank has awarded bonuses to at least four senior officials as it pursues a cost-cutting restructuring, raising concerns among staff, several sources told AFP on Wednesday.
Oct 02, 2014, 09:20 AM IST
