austerity - Meaning in Hindi

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IPA: ɔstɛrɪtiHindi: ऑस्टेरिटी


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Definitions and Meaning of austerity in English

austerity noun

  1. the trait of great self-denial (especially refraining from worldly pleasures).

    asceticism, nonindulgence


Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures. Proponents of these measures state that this reduces the amount of borrowing required and may also demonstrate a government's fiscal discipline to creditors and credit rating agencies and make borrowing easier and cheaper as a result.

Also see "Austerity" on Wikipedia


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About austerity in Hindi

See austerity meaning in Hindi, austerity definition, translation and meaning of austerity in Hindi. Find austerity similar words, austerity synonyms. Learn and practice the pronunciation of austerity. Find the answer of what is the meaning of austerity in Hindi. देेखें austerity का हिन्दी मतलब, austerity का मीनिंग, austerity का हिन्दी अर्थ, austerity का हिन्दी अनुवाद।

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What is austerity meaning in Hindi, austerity translation in Hindi, austerity definition, pronunciations and examples of austerity in Hindi. austerity का हिन्दी मीनिंग, austerity का हिन्दी अर्थ, austerity का हिन्दी अनुवाद

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