Central Government Subsidy
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Government Reduces Price Of Subsidised Tomatoes To Rs 70 Per Kg
The Union government has reduced prices of subsidised tomatoes to Rs 70 per kilograms from Thursday from Rs 80 per kg now to provide relief to common man from high retail prices.
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Fuel Price Excise Duty Cut Burden Entirely On Central Government, Says Finance Minister
Finance Minister Nirmala Sitharaman on Sunday said that excise duty reduction has entirely been made in road and infrastructure cess
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Bengal Plans To Opt Out Of Centre's "One Nation, One Ration Card" Scheme
The West Bengal government is planning to opt out of the Centre's 'One Nation, One Ration Card' scheme due to "differences of opinion" with the central government, a state minister said today.
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Aadhaar Can't Be Duplicated, Will Help In Generating Revenue: Centre To Supreme Court
The central government and the Unique Identification Authority of India on Wednesday defended Aadhaar, saying that there were no instances of its duplication and cited the fiscal benefits of linking it with various subsidies, benefits and services.
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Karnataka Cabinet Approves Bill Mandating Aadhaar For Subsidies
The Karnataka state cabinet has approved a central legislation to provide statutory backing to Aadhaar, the unique identification scheme, for use for transferring government subsidies and benefits.
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Pradhan Mantri Awas Yojana Subsidy: How To Save Rs 2.6 Lakh On Your Home Loan
The central government recently announced that the benefit of interest subsidy of about Rs 2.60 lakh on home loans under Pradhan Mantri (PM) Awas Yojana (Urban) for middle income groups (MIG) has been extended by 15 months. After the extension, the benefit of Rs 2.6 lakh subsidy will be available till March 2019. On 31 December last year, Prime Min...
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Indian Government Withdraws FAME Subsidies For Mild Hybrids
The Central Government has effectively withdrawn the subsidies that have been provided to mild hybrid diesel cars under the FAME scheme. The FAME or Faster Adoption and Manufacturing of Hybrid and Electric Vehicles was introduced in 2015 and offered discounts of up to Rs 29,000 for two wheelers and up to Rs 1.38 lakh for four wheelers. The change i...
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Action Plan For Direct Transfer of Fertiliser Subsidy to Farmers On: Centre
Central government is preparing an "action plan" for transferring the fertilizer subsidy directly to farmers, Minister of State Hansraj Ahir said in Vijayawada today.
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Sudan arrests 700 people in week of deadly anti-government unrest
Seven hundred people have been arrested during a week of the worst unrest in central Sudan in years, the government said on Monday, as protests continued against President Omar Hassan al-Bashir.
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Dual diesel prices at petrol pumps tough to implement: Chidambaram
Finance Minister P Chidambaram on Tuesday said it is difficult to charge a market price for luxury cars and a subsidised price for farmers and transport trucks at the same petrol pump.
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Striving to rein in fiscal deficit at 5.3%: Chidambaram
The government is striving to rein in fiscal deficit at 5.3 per cent of the gross deficit product (GDP) by keeping a check on its expenditure, Finance Minister P. Chidambaram said in a written reply to the Rajya Sabha. In an attempt to allay concerns about India's widening fiscal deficit, he said the government is checking its spend on central subs...
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Cabinet meets today; may cut sugar subsidy, hike dearness allowance for Government employees
The Union Cabinet is expected to meet on Monday to consider a 7 per cent hike in the Dearness Allowance (DA) of Central government employees.
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Delhi government to give 3 extra subsidised cooking gas cylinders
This will mean that each family will now get nine subsidised cylinders a year, beating the central government's cap of six. All cylinders above this cap will have to be bought at the market price, which is about Rs 700. A subsidised cylinder costs Rs 400.
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Why Reserve Bank should not rush to cut rates
The Reserve Bank of India is under intense pressure to make rapid cuts in repo rates that determine the interest rate we pay for borrowing. However, economic growth is a battle that RBI cannot fight alone. There is a need for the government to get its act together. A large number of experts are exasperated as ‘good’ economics is considered as ...
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Government to partially withdraw LPG subsidy in two phases
The central government will phase out LPG subsidy in two phases to save about Rs5,000 crore.
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Government Reduces Price Of Subsidised Tomatoes To Rs 70 Per Kg
The Union government has reduced prices of subsidised tomatoes to Rs 70 per kilograms from Thursday from Rs 80 per kg now to provide relief to common man from high retail prices.
-
Fuel Price Excise Duty Cut Burden Entirely On Central Government, Says Finance Minister
Finance Minister Nirmala Sitharaman on Sunday said that excise duty reduction has entirely been made in road and infrastructure cess
-
Bengal Plans To Opt Out Of Centre's "One Nation, One Ration Card" Scheme
The West Bengal government is planning to opt out of the Centre's 'One Nation, One Ration Card' scheme due to "differences of opinion" with the central government, a state minister said today.
-
Aadhaar Can't Be Duplicated, Will Help In Generating Revenue: Centre To Supreme Court
The central government and the Unique Identification Authority of India on Wednesday defended Aadhaar, saying that there were no instances of its duplication and cited the fiscal benefits of linking it with various subsidies, benefits and services.
-
Karnataka Cabinet Approves Bill Mandating Aadhaar For Subsidies
The Karnataka state cabinet has approved a central legislation to provide statutory backing to Aadhaar, the unique identification scheme, for use for transferring government subsidies and benefits.
-
Pradhan Mantri Awas Yojana Subsidy: How To Save Rs 2.6 Lakh On Your Home Loan
The central government recently announced that the benefit of interest subsidy of about Rs 2.60 lakh on home loans under Pradhan Mantri (PM) Awas Yojana (Urban) for middle income groups (MIG) has been extended by 15 months. After the extension, the benefit of Rs 2.6 lakh subsidy will be available till March 2019. On 31 December last year, Prime Min...
-
Indian Government Withdraws FAME Subsidies For Mild Hybrids
The Central Government has effectively withdrawn the subsidies that have been provided to mild hybrid diesel cars under the FAME scheme. The FAME or Faster Adoption and Manufacturing of Hybrid and Electric Vehicles was introduced in 2015 and offered discounts of up to Rs 29,000 for two wheelers and up to Rs 1.38 lakh for four wheelers. The change i...
-
Action Plan For Direct Transfer of Fertiliser Subsidy to Farmers On: Centre
Central government is preparing an "action plan" for transferring the fertilizer subsidy directly to farmers, Minister of State Hansraj Ahir said in Vijayawada today.
-
Sudan arrests 700 people in week of deadly anti-government unrest
Seven hundred people have been arrested during a week of the worst unrest in central Sudan in years, the government said on Monday, as protests continued against President Omar Hassan al-Bashir.
-
Dual diesel prices at petrol pumps tough to implement: Chidambaram
Finance Minister P Chidambaram on Tuesday said it is difficult to charge a market price for luxury cars and a subsidised price for farmers and transport trucks at the same petrol pump.
-
Striving to rein in fiscal deficit at 5.3%: Chidambaram
The government is striving to rein in fiscal deficit at 5.3 per cent of the gross deficit product (GDP) by keeping a check on its expenditure, Finance Minister P. Chidambaram said in a written reply to the Rajya Sabha. In an attempt to allay concerns about India's widening fiscal deficit, he said the government is checking its spend on central subs...
-
Cabinet meets today; may cut sugar subsidy, hike dearness allowance for Government employees
The Union Cabinet is expected to meet on Monday to consider a 7 per cent hike in the Dearness Allowance (DA) of Central government employees.
-
Delhi government to give 3 extra subsidised cooking gas cylinders
This will mean that each family will now get nine subsidised cylinders a year, beating the central government's cap of six. All cylinders above this cap will have to be bought at the market price, which is about Rs 700. A subsidised cylinder costs Rs 400.
-
Why Reserve Bank should not rush to cut rates
The Reserve Bank of India is under intense pressure to make rapid cuts in repo rates that determine the interest rate we pay for borrowing. However, economic growth is a battle that RBI cannot fight alone. There is a need for the government to get its act together. A large number of experts are exasperated as ‘good’ economics is considered as ...
-
Government to partially withdraw LPG subsidy in two phases
The central government will phase out LPG subsidy in two phases to save about Rs5,000 crore.
