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Modi tells cabinet to curb fuel and trips to shrink import bill without cutting welfare

Modi tells cabinet to curb fuel and trips to shrink import bill without cutting welfare

Prime Minister Narendra Modi urged cabinet colleagues to cut unnecessary spending, including reducing petrol use and limiting foreign travel. He also reportedly trimmed his own convoy size to conserve resources and ease the country’s import burden. The government clarified this is “wise spending, not austerity”, with no cuts to capital expenditure or welfare programmes.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Fadnavis orders ministers take flight only with CMO approval as Modi pushes fuel austerity

Fadnavis orders ministers take flight only with CMO approval as Modi pushes fuel austerity

Maharashtra CM Devendra Fadnavis has directed state ministers to seek formal clearance from the CMO before any air travel, aiming to cut fuel use and government spending. The move follows West Asia energy supply disruptions tied to ongoing conflict there, and aligns with PM Narendra Modi’s broader austerity push. Ministers must now follow a tighter approval process for official trips.

Summarised by Beize from a story on Republic on 12 May 2026

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Trump defends pricey White House ballroom plan as critics demand answers

Trump defends pricey White House ballroom plan as critics demand answers

President Trump is defending a ballooning budget for a new White House ballroom, saying the total will remain below $400 million despite growing scrutiny. His comments arrive alongside a Republican-led effort to push a $1 billion allocation for the Secret Service, raising questions about whether some funds could be tied to the ballroom’s construction.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Parliamentary panels warn ministries miss spending targets budgets cut at RE stage

Parliamentary panels warn ministries miss spending targets budgets cut at RE stage

Parliamentary panels have flagged a recurring problem: central ministries repeatedly fail to spend allocated funds, forcing large surrenders. The reports point to weak budgeting and forecasting, with major cuts at the revised estimates stage in areas like Defence, Petroleum and Housing, alongside persistently low utilization rates. Committees warn this cycle undermines planning and delivery of public priorities.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Finance Ministry caps scheme spending until 16th Finance Commission clears the way

Finance Ministry caps scheme spending until 16th Finance Commission clears the way

The Finance Ministry has capped the outlay for schemes awaiting approval from the 16th Finance Commission after several ministries failed to complete mandatory scheme appraisals by the March 31 deadline. These schemes will continue only on an interim basis until September 30 or until fresh approvals arrive under an interim funding arrangement.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Central infra projects rack up Rs 5.61 lakh crore cost overruns by March 2026

Central infra projects rack up Rs 5.61 lakh crore cost overruns by March 2026

By March 2026, central-sector infrastructure projects show steep financial stress: 1,941 ongoing projects with a collective revised outlay of Rs 41.50 lakh crore have already overshot by Rs 5.61 lakh crore in cost. So far, only Rs 19.93 lakh crore has been spent, widening the gap between planned budgets and ground execution.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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