austerity

AUSTERITY NEWS

What India's current economic challenges reveal about austerity

June 03, 2026 3:19 pm

The current economic pressure in India, largely stemming from geopolitical tensions in West Asia, has revived debates about economic restraint and public spending. What does the history of austerity policies say about its effectiveness? Don't miss infographics.

When Lal Bahadur Shastri turned to austerity and self-reliance in 1962

May 13, 2026 3:33 pm

PM Modi’s recent appeal for austerity amid rising geopolitical tensions has revived memories of Lal Bahadur Shastri’s calls for sacrifice during India’s food crisis in the 1960s.

Curtail foreign trips, events at 5-star hotels: UP govt issues 18-point austerity measures for its officials

September 20, 2018 1:51 am

The order directs officials to slash expenses on office stationery, including printing of cards, personal letters, diaries.

Egypt increases fuel prices, as part of austerity measures

June 16, 2018 4:08 pm

The tough austerity measures have won praise from economists and business leaders but have come as a heavy blow to poor and middle-class Egyptians. Egypt's economy is still recovering from unrest following the 2011 uprising that toppled longtime ruler Hosni Mubarak. 

‘Image’ taking a hit, Punjab exempts top babus, judges from austerity measure

September 15, 2015 6:17 am

Lets them buy new official vehicles.

Greek protesters, riot police scuffle in Athens

March 06, 2014 7:10 pm

Police have used tear gas and pepper spray during scuffles with union members protesting austerity measures.

Raje, showy as ever but austere and accessible

January 12, 2014 11:48 pm

Raje was once known for her flamboyant ways and royal charm. What the austerity drive hasn’t done, however, is cramp her style.

Will continue to talk politics: Bhagwat

October 14, 2013 3:53 am

Opposing FDI in retail,Bhagwat accused the government of letting loose foreign companies on Indian retailers.

FinMin says will stand by fiscal deficit target

September 24, 2013 3:00 am

Government to raise Rs2.34 lakh cr through dated securities in H2.

UPA launches austerity drive,bans 5-star hotel meetings and executive class air travel

September 18, 2013 9:49 pm

The government launched the drive in a bid to check fiscal deficit from going out of control.

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