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The amendment did "no damage whatsoever" to ministers' "general objectives" to reduce expenditure on legal aid, he claimed.
BBC: Ministers' legal aid changes dealt blow by peers
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One driver is the big outfits' desire to reduce expenditure on fixed assets.
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Mr. Rajan said also the government needs to reduce expenditure, and that a judicious cut may not hurt long-term growth.
WSJ: India Adviser: Current Account Deficit Biggest Concern
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Be they Republicans or Democrats, politicians as a rule regularly talk up the need to reduce government expenditure.
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For example, he said, companies were keen to reduce their expenditure on rising energy costs in order to protect profit margins.
BBC: EU 'half way to 2020 emissions target'
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Businesses with large data centers can significantly reduce capital expenditure by disaggregating or separating compute and storage resources in a server rack.
ENGADGET: Facebook's Open Compute Project splits up monolithic servers with help from Intel, more
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"We are in a good position to reduce capital expenditure, targeting investment at business areas that deliver sustainable returns while maintaining flexibility in forward fleet commitments, " Alan Joyce, chief executive of Qantas said in a statement.
BBC: Qantas delays plane deliveries amid fresh spending cuts
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He added that it would be "very difficult" for expenditure to reduce "very much further" without having an effect on the royal household's work to support the Queen and the long-term health of the estate.
BBC: Queen's expenditure falls by ?1.8m in a year
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Other options to reduce the council's expenditure in the long term include closing estate offices and charging tenants for grass and hedge cutting or doing away with the service altogether.
BBC: NEWS | UK | Wales | North East Wales | Council agrees rent increase
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The lower fiscal deficit number, which will be announced soon, will likely provide some cheer to the market as it will indicate the government's resolve to narrow the gap between its revenue and expenditure--it plans to reduce the deficit to 3.0% by March 2017.
WSJ: India Likely to Post Smaller-Than-Expected Fiscal Gap
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Under the new law this group is to make recommendations to Congress on how to reduce the rate of growth in spending per head in Medicare if that expenditure exceeds a target figure.
ECONOMIST: Health reform in America