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Cabinet Committee on Investment and Growth (CCIG)

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  • In an austerity move, the Union government has decided to reduce wasteful expenditure on items such as travel and food by 20 percent, it is learnt.
  • A decision of this effect was taken at a recent meeting of the Cabinet Committee on Investment and Growth (CCIG) chaired by Prime Minister Narendra Modi.
  • All ministries have been directed to reduce wasteful expenditure on travel, food and conferences by 20 percent.
  • Note: The CCIG was recently created in June 2019.

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