Finance ministry asked all Central government entities to follow 'no-festive-gifts' policy

In a move to enforce fiscal discipline and prevent wasteful spending of public funds, the finance ministry has directed all Union ministries, departments, Central public sector enterprises, and public sector banks to refrain from spending on gifts for Diwali and other festivals. This decision, effective immediately, aims to promote prudent use of public resources.

Finance ministry asked all Central government entities to follow 'no-festive-gifts' policy
In a move to enforce fiscal discipline and prevent wasteful spending of public funds, the finance ministry has directed all Union ministries, departments, Central public sector enterprises, and public sector banks to refrain from spending on gifts for Diwali and other festivals. This decision, effective immediately, aims to promote prudent use of public resources.