J&K Government Rolls Out Major Austerity Drive to Rein in Public Spending By: Javid Amin | 27 May 2026 Finance Department’s New Guidelines Signal Strong Push for Fiscal Discipline In a significant move aimed at tightening public expenditure and enforcing fiscal discipline, the Jammu and Kashmir Finance Department has issued a comprehensive set of austerity and cost-cutting guidelines for all government departments and offices across the Union Territory. The directives, issued through Order No. 198-F dated May 22, 2026, introduce sweeping restrictions on official hospitality, travel, vehicle purchases, energy consumption,…
Read MoreJ&K Government Announces Austerity Drive: Finance Department Issues Strict Cost-Cutting Guidelines
