India Subsidy Reforms
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Budget 2023: Investors Expect Centre To Focus On Tax Structure Reforms, Fiscal Consolidation
Investors are anticipating policy reforms to rationalise bottlenecks for growth such as subsidies and a clear roadmap for disinvestment targets.
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Ahead Of 9 Elections, PM Modi's Subsidy Bill Balloons
Prime Minister Narendra Modi has allowed his subsidy bill to balloon in the lead up to crucial elections, at the risk of breaching his budget deficit goals.
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Goods And Services Tax To Help Push Growth Above 8%, Says IMF: 10 Points
The Goods and Services Tax regime that the government targets to roll out from 1 July could help push India's growth rate to above the eight per cent-mark in the medium term, the International Monetary Fund has said, painting a bright outlook for the Indian economy. Tao Zhang, the IMF's Deputy Managing Director believes India has made significant p...
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IMF Predicts 7.6% Growth For India In 2016, 2017
The IMF asked New Delhi to continue reform of its tax system and eliminate subsidies to provide more resources for investments in infrastructure, education and healthcare.
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India Should Continue Fiscal Consolidation For Better Prospect: IMF
In order to reduce external vulnerabilities and improve investment prospects, the government should continue with its fiscal consolidation activities including passage of GST Bill, further subsidy reforms and easing domestic supply bottlenecks, says an IMF report.
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Kerosene Price Hike A Positive Signal On Reforms: Nomura
The government's decision to hike kerosene prices, although staggered over 10 months, sends a positive signal on reforms and will ease the fiscal subsidy burden by Rs 1190 crore, Nomura has said in a report.
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Government Says 83 Lakh People Voluntarily Gave Up LPG Subsidy
Stressing that the government is committed towards reforming the subsidy structure, Petroleum Minister Dharmendra Pradhan on Wednesday said 83 lakh people have voluntarily given up their LPG subsidy so far.
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IMF Cuts India's Growth Forecast for 2015, Urges Structural Reforms
But, with government borrowing high, the IMF says India should reform taxes and trim subsidies to narrow its budget deficit.
-
Macros Improving, Subsidy Reforms to Continue: Finance Minister Arun Jaitley
Government today said it is committed to pursuing subsidy reforms by efficient targeting of subsidies to the poor and needy while saving the 'scarce financial resources' for infrastructure and development needs.
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ONGC Gains on Hopes of Subsidy, Gas Reforms
The government plans to sell a stake in ONGC, India's largest oil and gas exploration company, later this year.
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Bimal Jalan to Head Commission on Subsidy Reforms
The panel will be headed by Bimal Jalan, former governor of the Reserve Bank of India, and will submit its interim report before the 2015/16 annual budget to be presented in Feb 2015.
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What John Kerry, US Secretary of State, is Pushing in New Delhi
US Secretary of State John Kerry has met with Finance Minister Arun Jaitley this morning; he also toured the prestigious Indian Institute of Technology Delhi. His trip will focus on pressing India to drop its opposition to global trade reforms, which the US has described as a test of the country's commitment to economic liberalization.
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ONGC, Cairn India Shares Rise amid Crude Price Spike
Traders pointed out that shares of ONGC and Oil India are pricing in a scenario where 90 per cent of the subsidy burden would be borne by them. However, the expected reforms such as reduction in diesel subsidy could bring down the subsidy burden on these companies.
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India's fuel subsidies to rise to Rs 1.3 lakh cr in FY14: Moody's
The steep rupee depreciation has negated lower oil prices and the government's reforms, Moody's said in a report on Thursday.
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Amartya Sen, Montek Singh Ahluwalia on the India story: Full transcript
Ahead of the Union Budget 2013, Dr Prannoy Roy speaks to Nobel laureate Amartya Sen and Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, about what ails the India growth story. They discuss threadbare the slowdown, and the governments reform measures like cash transfer scheme, food subsidy and foreign direct investment in retail....
-
Budget 2023: Investors Expect Centre To Focus On Tax Structure Reforms, Fiscal Consolidation
Investors are anticipating policy reforms to rationalise bottlenecks for growth such as subsidies and a clear roadmap for disinvestment targets.
-
Ahead Of 9 Elections, PM Modi's Subsidy Bill Balloons
Prime Minister Narendra Modi has allowed his subsidy bill to balloon in the lead up to crucial elections, at the risk of breaching his budget deficit goals.
-
Goods And Services Tax To Help Push Growth Above 8%, Says IMF: 10 Points
The Goods and Services Tax regime that the government targets to roll out from 1 July could help push India's growth rate to above the eight per cent-mark in the medium term, the International Monetary Fund has said, painting a bright outlook for the Indian economy. Tao Zhang, the IMF's Deputy Managing Director believes India has made significant p...
-
IMF Predicts 7.6% Growth For India In 2016, 2017
The IMF asked New Delhi to continue reform of its tax system and eliminate subsidies to provide more resources for investments in infrastructure, education and healthcare.
-
India Should Continue Fiscal Consolidation For Better Prospect: IMF
In order to reduce external vulnerabilities and improve investment prospects, the government should continue with its fiscal consolidation activities including passage of GST Bill, further subsidy reforms and easing domestic supply bottlenecks, says an IMF report.
-
Kerosene Price Hike A Positive Signal On Reforms: Nomura
The government's decision to hike kerosene prices, although staggered over 10 months, sends a positive signal on reforms and will ease the fiscal subsidy burden by Rs 1190 crore, Nomura has said in a report.
-
Government Says 83 Lakh People Voluntarily Gave Up LPG Subsidy
Stressing that the government is committed towards reforming the subsidy structure, Petroleum Minister Dharmendra Pradhan on Wednesday said 83 lakh people have voluntarily given up their LPG subsidy so far.
-
IMF Cuts India's Growth Forecast for 2015, Urges Structural Reforms
But, with government borrowing high, the IMF says India should reform taxes and trim subsidies to narrow its budget deficit.
-
Macros Improving, Subsidy Reforms to Continue: Finance Minister Arun Jaitley
Government today said it is committed to pursuing subsidy reforms by efficient targeting of subsidies to the poor and needy while saving the 'scarce financial resources' for infrastructure and development needs.
-
ONGC Gains on Hopes of Subsidy, Gas Reforms
The government plans to sell a stake in ONGC, India's largest oil and gas exploration company, later this year.
-
Bimal Jalan to Head Commission on Subsidy Reforms
The panel will be headed by Bimal Jalan, former governor of the Reserve Bank of India, and will submit its interim report before the 2015/16 annual budget to be presented in Feb 2015.
-
What John Kerry, US Secretary of State, is Pushing in New Delhi
US Secretary of State John Kerry has met with Finance Minister Arun Jaitley this morning; he also toured the prestigious Indian Institute of Technology Delhi. His trip will focus on pressing India to drop its opposition to global trade reforms, which the US has described as a test of the country's commitment to economic liberalization.
-
ONGC, Cairn India Shares Rise amid Crude Price Spike
Traders pointed out that shares of ONGC and Oil India are pricing in a scenario where 90 per cent of the subsidy burden would be borne by them. However, the expected reforms such as reduction in diesel subsidy could bring down the subsidy burden on these companies.
-
India's fuel subsidies to rise to Rs 1.3 lakh cr in FY14: Moody's
The steep rupee depreciation has negated lower oil prices and the government's reforms, Moody's said in a report on Thursday.
-
Amartya Sen, Montek Singh Ahluwalia on the India story: Full transcript
Ahead of the Union Budget 2013, Dr Prannoy Roy speaks to Nobel laureate Amartya Sen and Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, about what ails the India growth story. They discuss threadbare the slowdown, and the governments reform measures like cash transfer scheme, food subsidy and foreign direct investment in retail....
