Page 4 - Subsidies

Nations giving subsidies for unsustainable fishing must end support: India

This was stated by India''s Ambassador and Permanent Representative to the WTO at a meeting of the NGR (negotiating group on rules) on fisheries subsidies negotiations held on November 2, 2020

Aadhaar Act: No information on how beneficiaries are identified, shows RTI

Government officials have claimed that Aadhaar has helped save over Rs 90,000 crore by weeding out fake beneficiaries

HC junks PIL opposing AAP govt subsidies; slaps cost of Rs 25k on litigant

Delhi HC dismissed a PIL challenging the AAP govt's decision to grant electricity and water subsidies to Delhi's residents, saying it was a policy decision in which it was not going to interfere

Real is radical: Drop subsidies, offer basic minimum income to farmers

You could run a sensible subsidy and price support system at a fraction of today's cost, and still have enough money left over to offer a more generous income support to all farmers, writes T N Ninan

The price India is paying for the largesse doled out by Centre and states

Irrespective of which among the two is more extravagant, it is the country's GDP growth and its rating that take a beating

Letter to BS: Every type of subsidy is harmful for Indian economy

Tamil Nadu holds the dubious distinction when it comes to introducing novel freebies and subsidies

Rationalise food and agriculture sops to save Rs 15,000 cr: Govt panel

Seeks making the scale of finance for agriculture credit more evidence-based

Most non-urea fertiliser subsidies unchanged; Rs 22875 to be spent on sops

A decision in this regard was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi

Oxford's Joshi proposes basic income for all

This policy involves providing products and services such as electricity and fertilisers at below-market prices

Govt examining report on subsidy rationalisation

Govt had set up a panel under former RBI Governor Bimal Jalan in 2013 to suggest steps to reduce subsidies on food, fertiliser and oil and narrow fiscal deficit "The Expenditure Management Commission has submitted its final report and the report is under examination," Minister of State for Finance Jayant Sinha said in a written reply to the Lok Sabha. The government had set up the Commission under former RBI Governor Bimal Jalan in August 2013 to suggest steps to reduce subsidies on food, fertiliser and oil and narrow the fiscal deficit. The government has already introduced direct benefit transfer scheme to plug leaks in subsidies and other welfare schemes to ensure the benefit reaches the poor directly. According to the terms of reference, the commission was entrusted with examining various aspects of expenditure reforms to be undertaken by the government such as review of institutional arrangements, including ...