Food safety programmes need adjustments
Punjab's new budget promises sops that may delay the state's date with fiscal prudence
The FinMin's missive to various departments comes at a time when the Centre's fiscal balance for FY23 is under immense pressure
India Ratings has said five states, led by Punjab, are on the brink of a deep fiscal crisis as their subsidies are much higher than sustainable levels in terms of a percentage of GSDP
It is also requested the common public not share any personally identifiable information such as date of birth, account numbers, mobile numbers, place of Birth and OTP, etc
Their tax revenues can't keep up with their largesse: it's a policy that risks putting them in economic peril
A cut in subsidy in FY23 comes on the back of an equally sharp cut in FY22
For the next fiscal, the government said total subsidies are estimated to further decline to Rs 3,17,866 crore from Rs 4,33,108 crore in the current fiscal
The government's subsidies on food, fertilisers and petroleum are estimated to decline by 39% to Rs 4,33,108 crore in the current fiscal, according to the Budget document
What to expect in the Budget session? What to expect on bank privatisation and subsidy reform? What data points of Economic Survey are markets eyeing? What is Expenditure Budget? All answers here
Will Budget 2022-23 be transformative enough to give developmental spending a majority share in the expenditure mix?
Budget 2022: Subsidies have been a bugbear of the Indian economy for long
Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Monday said subsidies and tax rebates under the FAME II policy are extremely important to push for faster adoption of electric vehicles.
Last week US lawmakers urged their govt to approach WTO against India which they said was subsidizing half of the value of production for rice and wheat. Know about subsidies and why countries need it
Why did Microsoft plunge into the world of gaming? What's Thibault Cuny's take on India's alco-bev market? What do markets expect from the Finance Minister? What are subsidies? Find all answers here
Some of the benefit due to a low interest rate policy is not an incentive; it is a subsidy
Withdraws plea for state aid in Germany
India said that it is 'very' keen to finalise an agreement on fisheries subsidies in the WTO as irrational benefits and overfishing by many countries are hurting domestic fishermen
A deal to either end or pause the world's largest corporate trade dispute would grant relief to dozens of other industries affected by tit-for-tat tariffs that were suspended in March
A lot of Budgetary funds get saved on subsidies in March, as off-Budget small savings replace them. It remains to be seen how it goes this year