Kerala government to introduce austerity measures

Image
Press Trust of India Thiruvananthapuram
Last Updated : Oct 01 2013 | 8:06 PM IST
The Kerala government plans to come out with certain restrictions in creating new posts as part of cutting government expenditure.
Ruling out any recruitment ban and slash in funds for welfare schemes, Chief Minister Oommen Chandy said government may go in for some restrictions in creating new posts.
He pointed out that more than 15,000 new posts had been created after the UDF government came to power in May 2011 and that the additional burden on this account came to around Rs 460 crore annually.
Chandy made it clear that the government would not cut funds for development and welfare programmes. Government wanted to increase its revenue without causing any difficulty to the common man, he added.
The Cabinet meeting today discussed the financial situation of the state, which it felt was under stress due to general climate of the country.
The Chief Secretary would hold discussions with all departments and the next Cabinet meeting scheduled on October 10 would finalise steps to be taken to address the financial situation, which Chandy termed as "a reflection of the overall financial condition of the country.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 01 2013 | 8:06 PM IST

Next Story