Government Subsidies
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Foxconn, Dixon Said to Urge Government to Pay Pending Production Subsidies
Foxconn Technology Group and Dixon Technologies India Ltd. are asking the government to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. India’s technology ministry has not responded to the related queries.
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Government Said to Plan Near $3 Billion Aid, Tariff Cuts for Electronics
India’s government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports to help boost local manufacturing. A final decision on the proposals will be made by the cabinet, and if approved, details may be announced in the government’s upcoming budget in February, people familiar with the matter said.
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India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
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Japan Is Offering Single Women Financial Support To Relocate From Tokyo For Marriage
The new initiative will expand an existing subsidy program, providing up to $7,000 to women who relocate from Tokyo's 23 wards to rural areas.
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UCO Bank Recruitment 2024 Notification Released for 544 Apprentice Posts
A monthly stipend of Rs 15,000, including any subsidy amount by the Government of India, will be paid to the apprentice during the apprenticeship period.
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"Will Take To Streets If Dairy Farmers Don't Get Subsidy": Sharad Pawar
NCP (SP) president Sharad Pawar on Wednesday warned of agitation if the Maharashtra government did not provide subsidy to milk producers.
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Did Delhi Minister Announce Discontinuation Of Power Subsidy Scheme? A Fact Check
A video of Delhi minister and Aam Aadmi Party leader Atishi is going viral on social media platforms with a claim that she allegedly talked about the AAP government's decision to cancel the power subsidy scheme in the national capital.
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Arvind Kejriwal's Arrest Did Not Affect Public Services: Delhi Government
Delhi government's Secretary of Planning Department Niharika Rai said on Tuesday public services, social welfare schemes, and subsidies are "not affected" following reports that after the arrest of Arvind Kejriwal such services will be "stopped."
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TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant
TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.
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"Subsidies Need Not Be Cut For Fiscal Discipline": Nirmala Sitharaman Exclusive
The Narendra Modi government does not believe in empowering people throught their schemes and subsidies and not entitling them, Finance Minister Nirmala Sitharaman told NDTV, in her first post-budget interview to a private channel.
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"Biden Wants To Stop Him": Elon Musk's Mother After Starlink Loses Government Subsidy
After the Federal Communications Commission (FCC) declined to give Starlink nearly $900 million in subsidies, Elon Musk's mother accused US President Joe Biden of hating her son's attempts to "make this world a better place".
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"Nothing Should Be Given For Free...," Says Narayana Murthy
Software industry icon NR Narayana Murthy on Wednesday said "nothing should be given free," and suggested people availing services and subsidies provided by the Government should be made to contribute back for the betterment of the society.
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LPG Subsidy For Ujjwala Beneficiaries Hiked To Rs 300
The government on Wednesday raised the subsidy provided to poor women, who got free cooking gas connections under the Ujjwala Yojana, to Rs 300 per cylinder as it looked to blunt opposition criticism of high fuel prices.
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Centre Plans Rs 60,000 Crore Housing Loan Subsidy Scheme: Report
The centre is considering spending Rs 60,000 crores ($7.2 billion) to provide subsidised loans for small urban housing over the next five years, two government sources told Reuters.
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Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
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Foxconn, Dixon Said to Urge Government to Pay Pending Production Subsidies
Foxconn Technology Group and Dixon Technologies India Ltd. are asking the government to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. India’s technology ministry has not responded to the related queries.
-
Government Said to Plan Near $3 Billion Aid, Tariff Cuts for Electronics
India’s government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports to help boost local manufacturing. A final decision on the proposals will be made by the cabinet, and if approved, details may be announced in the government’s upcoming budget in February, people familiar with the matter said.
-
India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
-
Japan Is Offering Single Women Financial Support To Relocate From Tokyo For Marriage
The new initiative will expand an existing subsidy program, providing up to $7,000 to women who relocate from Tokyo's 23 wards to rural areas.
-
UCO Bank Recruitment 2024 Notification Released for 544 Apprentice Posts
A monthly stipend of Rs 15,000, including any subsidy amount by the Government of India, will be paid to the apprentice during the apprenticeship period.
-
"Will Take To Streets If Dairy Farmers Don't Get Subsidy": Sharad Pawar
NCP (SP) president Sharad Pawar on Wednesday warned of agitation if the Maharashtra government did not provide subsidy to milk producers.
-
Did Delhi Minister Announce Discontinuation Of Power Subsidy Scheme? A Fact Check
A video of Delhi minister and Aam Aadmi Party leader Atishi is going viral on social media platforms with a claim that she allegedly talked about the AAP government's decision to cancel the power subsidy scheme in the national capital.
-
Arvind Kejriwal's Arrest Did Not Affect Public Services: Delhi Government
Delhi government's Secretary of Planning Department Niharika Rai said on Tuesday public services, social welfare schemes, and subsidies are "not affected" following reports that after the arrest of Arvind Kejriwal such services will be "stopped."
-
TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant
TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.
-
"Subsidies Need Not Be Cut For Fiscal Discipline": Nirmala Sitharaman Exclusive
The Narendra Modi government does not believe in empowering people throught their schemes and subsidies and not entitling them, Finance Minister Nirmala Sitharaman told NDTV, in her first post-budget interview to a private channel.
-
"Biden Wants To Stop Him": Elon Musk's Mother After Starlink Loses Government Subsidy
After the Federal Communications Commission (FCC) declined to give Starlink nearly $900 million in subsidies, Elon Musk's mother accused US President Joe Biden of hating her son's attempts to "make this world a better place".
-
"Nothing Should Be Given For Free...," Says Narayana Murthy
Software industry icon NR Narayana Murthy on Wednesday said "nothing should be given free," and suggested people availing services and subsidies provided by the Government should be made to contribute back for the betterment of the society.
-
LPG Subsidy For Ujjwala Beneficiaries Hiked To Rs 300
The government on Wednesday raised the subsidy provided to poor women, who got free cooking gas connections under the Ujjwala Yojana, to Rs 300 per cylinder as it looked to blunt opposition criticism of high fuel prices.
-
Centre Plans Rs 60,000 Crore Housing Loan Subsidy Scheme: Report
The centre is considering spending Rs 60,000 crores ($7.2 billion) to provide subsidised loans for small urban housing over the next five years, two government sources told Reuters.
-
Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
