Austerity

noun
/ɒˈstɛrɪti/
Sternness or severity of manner, attitude or appearance; more specifically in economic and policy contexts, a condition of enforced or self-imposed economy marked by stringent cuts in public spending and the curbing of non-essential consumption, usually adopted to reduce fiscal deficits.

✍️ Usage in a UPSC answer

In the aftermath of the sovereign debt crisis, governments that embraced austerity to restore fiscal balance often discovered that deep cuts to welfare and capital expenditure depressed demand, deepened recession and eroded the very public trust on which credible consolidation depends.

Synonyms

severitysternnessfrugalityasceticismabstemiousnessrigour

Antonyms

extravaganceindulgenceluxuryprofligacy

🌱 Word Family

austere (adj), austerely (adv), austereness (n), austerities (n pl), non-austere (adj)

🔡 Root

Greek auos (dry) → austeros (harsh, bitter) → Latin austerus → Old French austerite → Late Latin austeritas.

📜 Etymology

From Middle English, via Old French austerite and Late Latin austeritas, from Latin austerus 'severe, harsh', from Greek austeros 'making the tongue dry, harsh, bitter' (originally of taste), ultimately from auos 'dry'.

🧠 Memory Hook

Think of an "austere" monk: the root is Greek austeros, "harsh/dry" — like a dry, sour wine that puckers the tongue. Austerity is a life (or a budget) stripped dry of all luxury.

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Prelims 2026 Key
Ujiyari Ujiyari — Current Affairs