In a significant move aimed at promoting fiscal discipline, the Ministry of Finance has directed all central ministries, departments, and Central Public Sector Enterprises (CPSEs) to refrain from using public funds for purchasing or distributing gifts during Diwali and other festivals. This directive, issued by the Department of Expenditure, is part of ongoing efforts to curb non-essential expenditure and ensure the prudent use of government resources. The order applies to all central government entities, including public sector banks and financial institutions, and takes immediate effect. The government's decision to halt festive gift spending reflects a broader austerity drive, emphasizing the need for responsible financial management, especially during times when fiscal management and resource allocation are under close scrutiny. By curbing such expenditures, the government aims to redirect resources toward essential needs and reinforce transparency and accountability in public spending. #news #Newsone #Diwali2025 #GovernmentDirective #PublicFunds #Transparency #CurbExpenditure #PolicyUpdate #IndiaNews #AdministrativeReforms
