Indian Government Subsidies
- All
- News
- Videos
-
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...
-
BGMI Maker Krafton India Urge for Support Measures to Promote Online Gaming
Krafton India, makers of the popular online game BGMI, on Thursday pitched for government support measures to promote the online gaming industry in the country. Krafton India CEO Sean Hyunil Sohn highlighted subsidies given to gaming companies for labour costs by countries like the UAE and Canada and stated that innovative ways can be found to pro...
-
India Preparing Multi-Billion-Dollar Subsidy Scheme for Domestic Battery Manufacturing: Report
The Indian government is reportedly working on a new multibillion-dollar subsidy scheme for companies making electricity grid batteries as part of its transition to clean energy. The draft proposal for a production-linked incentive subsidy scheme would offer Rs. 216 billion ($2.63 billion) from this year through to 2030 for companies to set up manu...
-
EV Firms That Wrongly Took Subsidies To Be Penalised By Government
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received, CNBC TV 18 reported on Wednesday, citing sources.
-
State Governments' Relief Measures To Combat Surging Inflation
At least 10 states have announced over 1 trillion rupees ($12.6 billion), mainly in cash transfers and electricity subsidies, for households to combat inflation, according to government officials.
-
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
-
India Signs Deals To Export 7.2 Million Tonnes Sugar In 2021-22
Indian mills have signed contracts to export 7.2 million tonnes of sugar in the 2021-22 marketing year without government subsidies
-
Centre Seeks Parliament Nod For Rs 1.07 Lakh Crore Extra Spending In 2021-22
The Indian government sought parliamentary approval on Monday for net extra spending of Rs 1.07 lakh crore ($13.96 billion) in the current financial year ending in March 2022, that would include spending of Rs 14,900 crore on fertilisers subsidies.
-
GST & Subsidies On Electric Vehicles in India
By offering subsidies, incentives, and advantages to customers and the EV sector as a whole, the Indian government has sown the seed for electric vehicles.
-
Government To Use Revenue Collections To Fund Welfare Schemes: Report
Government will use a big jump in revenue collection to fund welfare programmes instead of trying to beat its fiscal deficit target or lower borrowing
-
FAME II Scheme For Electric Vehicles Extended Till March 2024
The Indian government has decided to further extend the second phase of the FAME India scheme for two years till March 2024.
-
Government Seeks Rs 1.67 Lakh Crore In Additional Budgetary Spending
Union Government sought an additional Rs 46,602 crore to transfer to states and Rs 10,000 crore more for its food subsidy scheme.
-
First Group Of Indian Haj Pilgrims Arrive In Medina
The Haj subsidy provided by the government was removed last year in the light of a Supreme Court order of 2012.
-
Greaves Cotton Launches High-Speed Electric Scooter Ampere Zeal
The Ampere Zeal has been launched with Rs. 18,000 subsidy under the Indian government's FAME II policy for electric vehicles. The Ampere Zeal has been priced at Rs. 66,950 (ex-showroom) after subsidy.
-
To Control Prices, Government Increases LPG Subsidy To 60 Per Cent
Cooking gas (LPG) subsidy has jumped by over 60 per cent in last two months as the government maintains price line despite rising international rates, Indian Oil Corp (IOC) Chairman Sanjiv Singh said.
-
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...
-
BGMI Maker Krafton India Urge for Support Measures to Promote Online Gaming
Krafton India, makers of the popular online game BGMI, on Thursday pitched for government support measures to promote the online gaming industry in the country. Krafton India CEO Sean Hyunil Sohn highlighted subsidies given to gaming companies for labour costs by countries like the UAE and Canada and stated that innovative ways can be found to pro...
-
India Preparing Multi-Billion-Dollar Subsidy Scheme for Domestic Battery Manufacturing: Report
The Indian government is reportedly working on a new multibillion-dollar subsidy scheme for companies making electricity grid batteries as part of its transition to clean energy. The draft proposal for a production-linked incentive subsidy scheme would offer Rs. 216 billion ($2.63 billion) from this year through to 2030 for companies to set up manu...
-
EV Firms That Wrongly Took Subsidies To Be Penalised By Government
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received, CNBC TV 18 reported on Wednesday, citing sources.
-
State Governments' Relief Measures To Combat Surging Inflation
At least 10 states have announced over 1 trillion rupees ($12.6 billion), mainly in cash transfers and electricity subsidies, for households to combat inflation, according to government officials.
-
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
-
India Signs Deals To Export 7.2 Million Tonnes Sugar In 2021-22
Indian mills have signed contracts to export 7.2 million tonnes of sugar in the 2021-22 marketing year without government subsidies
-
Centre Seeks Parliament Nod For Rs 1.07 Lakh Crore Extra Spending In 2021-22
The Indian government sought parliamentary approval on Monday for net extra spending of Rs 1.07 lakh crore ($13.96 billion) in the current financial year ending in March 2022, that would include spending of Rs 14,900 crore on fertilisers subsidies.
-
GST & Subsidies On Electric Vehicles in India
By offering subsidies, incentives, and advantages to customers and the EV sector as a whole, the Indian government has sown the seed for electric vehicles.
-
Government To Use Revenue Collections To Fund Welfare Schemes: Report
Government will use a big jump in revenue collection to fund welfare programmes instead of trying to beat its fiscal deficit target or lower borrowing
-
FAME II Scheme For Electric Vehicles Extended Till March 2024
The Indian government has decided to further extend the second phase of the FAME India scheme for two years till March 2024.
-
Government Seeks Rs 1.67 Lakh Crore In Additional Budgetary Spending
Union Government sought an additional Rs 46,602 crore to transfer to states and Rs 10,000 crore more for its food subsidy scheme.
-
First Group Of Indian Haj Pilgrims Arrive In Medina
The Haj subsidy provided by the government was removed last year in the light of a Supreme Court order of 2012.
-
Greaves Cotton Launches High-Speed Electric Scooter Ampere Zeal
The Ampere Zeal has been launched with Rs. 18,000 subsidy under the Indian government's FAME II policy for electric vehicles. The Ampere Zeal has been priced at Rs. 66,950 (ex-showroom) after subsidy.
-
To Control Prices, Government Increases LPG Subsidy To 60 Per Cent
Cooking gas (LPG) subsidy has jumped by over 60 per cent in last two months as the government maintains price line despite rising international rates, Indian Oil Corp (IOC) Chairman Sanjiv Singh said.
