Jan 7- Goa government has announced stringent measures to rationalise expenditure for the remaining 3 months of the financial year 2024-25. These include a complete ban on the creation and upgradation of posts, 25% cut in budgetary revenue expenditure (excluding salaries, pensions, interest payments, and debt repayment), a cap of 20% on spending from remaining budgetary estimates for the year (except for flagship schemes) and restrictions on the purchase of furniture, computers, air conditioners, and vehicles. The government stated that these measures aim to manage revenue account spending while ensuring adequate allocation for capital account developmental activities. Departments have also been instructed to explore a further 40% reduction in expenditures wherever feasible by the end of the financial year.
