Shimla, April 15 -- Aimed to curb the rising fiscal deficit of Himachal Pradesh, the Cabinet Sub-Committee on Resource Mobilization, led by Deputy Chief Minister Mukesh Agnihotri, has proposed a slew of austerity measures. The committee, constituted to explore avenues for financial reform, submitted its report to Chief Minister Sukhvinder Singh Sukhu earlier this month, outlining major structural and administrative changes. The committee's report highlights the urgent need for the state to cut down on unproductive expenditure and restructure loss-making public sector undertakings (PSUs). Among its key recommendations is the merger of underperforming boards and corporations. The report cited heavy financial losses incurred by entities such...